Key points
1. Reserve of 614,000 ounces. I'll repost some of my valuations shortly for others to have a look at/pick to pieces. Needless to say the news is good!
2. High-ish grade at 5.1 g/t Au
3. Golden Fingall mining only costs for delivery to stockpile $241 per ounce for ore delivery to stockpile
4.Big Bell miningonly costs $465 per ounce for delivery to stockpile
"On a combined basis both underground mines can provide a feed of 700,000 tonnes per annum to a surface stockpile at the mines for an average cost of approximately A$400/oz."
I can't believe RMS wouldn't be making a play for AAG based on these numbers. They'd be crazy not to. Will post some numbers...
JT
- Forums
- ASX - By Stock
- AAG
- a$400/oz cost, 700,000 tones for 100,000oz
a$400/oz cost, 700,000 tones for 100,000oz, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)