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0.00% 5.6¢ aumega metals ltd

Ann: Brightstar Production Update , page-8

  1. young-trader
    7,117 Posts.
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    15/07/10
    14:08
    Post #: 6906427
    My main concern was

    "as long as open pit operations are above 2g/t I am happy

    we need clarity on whether the half forecast production rate is a grade or plant thorough put issue

    Plant issue can be remedied and will prove to be a buying op

    Grade issue a bit more serious but can still be remedied by processing higher grade ore"


    So with the head grade being 3.3g/t Au it looks like a Plant/Mill problem is the reason we are seeing half the expected production forecast

    AAM Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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