NTL new talisman gold mines limited

Ann: Preliminary Pilot Plant Results, page-17

  1. 745 Posts.
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    I hope I’m completely wrong. I guess what I’m getting at is that the announcement is either very incomplete or disingenuous.

    Are management saying they have produced 900g/t average in their 1.2kg of concentrate = 1g of gold

    Or let’s say they used 100kg of ore

    0.1 x 900g/t x 1.2 = 108g

    Or let’s say 1T of ore

    1 x 900g/t x 1.2 = 1,080g

    Management need to either provide suitable information of feed quantity or clarify the concentration - I just can’t see that there is less than 1.5g of gold in the concentrate - it would be a complete waste of time

    1.2kg = 0.0012t x 900g/t x 1.2 = 1.3g

    We are missing some key (material information) or are invested in a lemon.
 
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