AAG 0.00% 28.0¢ aragon resources limited

a$400/oz cost, 700,000 tones for 100,000oz, page-5

  1. 3,890 Posts.
    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
 
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