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781 Posts.
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20/03/17
15:31
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Ok i made a mistake
As per PNG MINING & PETROLEUM INVESTMENT CONFERENCE December 2016
2317 tonnes of ore processed (6.4 tonnes per day) at an average grade of 9.3g/t
SO:
60 Tonnes per day output when the equipment is going (April)
At an average of 9.3 grams a tonne (as per previous results)
say 5 days a week x 4 weeks = 20 mining days a month (probably 24)
20 days x 60 tonnes = 1200 tonnes per month x 9.3 grams = 11,160 grams a month
11,160 grams x $51 AUD per gram = $569,160 a month
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