OGX 0.00% 0.3¢ orinoco gold limited

Ann: CIL Tests confirm outstanding results for tailings & Mestre, page-36

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  1. 567 Posts.
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    No I'm not Bond, I'm not telling you, or forecasting or guessing or predicting (you do enough of that for all of us ;-) I'm merely stating what is in the announcement.

    Management believe that 75% to 80% recovery is now achievable with the tweaks to the gravity plant - tweaks made over the last two weeks, not the last 12 months, so what they have recovered over this time is irrelevant to this particular discussion on forward looking recoveries.

    Until they tell us production numbers it remains to be seen - and as you rightly point out their credibility has taken a big hit with the lack of transparent information.

    The $200K - $300K is to extract an additional 10% - 15% recovery, on top of the tweaks made. Your statement is false and misleading - just pointing it out.

    I'm cutting you at least a little slack being a self professed beginner and all.....

    Cheers, Unc
 
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