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any thoughts

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    lightbulb Created with Sketch. 42
    In the Koongie Park website update we get a lot more information than has been released to the market in announcement form so far. I was wondering if anyone has cast their eyes over the information and done some 'back of napkin' calculations in relation to Sandiego?

    Roughly we have 2mt to sort through from the copper lode including the supergene and 1.57mt to sort through from the zinc lode.

    The processing plant is envisaged to handle 300,000 tpa producing 24,000 t of copper concentrate containing 6,000t of copper metal and 30,000t of zinc concentrate containing 15,000t of zinc metal. I am assuming over a mine life of 7-10 years?

    So, we need to:

    Build a 300,000tpa processing plant.
    Move the Great Northern Highway a little bit in order to do an open cut of the supergene copper.
    Build a Power Plant as Halls Creek doesn't have enough capacity to supply the power.
    Along with all the other capital costs and operating costs involved.

    Remebering that this is only Sandiego at this stage and that there is far more scope after that with Onedin, Atlantis and whatever else they find at their other prospects in the Koongie leases.

    Also disregarding what they may or may not do with their gold at Feysville, East Mandilla and others.

    Does anyone have any thoughts 'pre scoping study' about the viability of all of this?

    I ask becuase I can't seem to get my head around it at the moment and I know that there are far more knowledgeable and experienced people out there who I am sure can.

    Anyone care to share? :-)





 
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