Done some maths...even with the "hope" that the changes to the STILL failing Gekko plant will produce a higher (but not as high as CIL obviously) recovery of the 6.x gpt tailings... it still doesn't work out enough to be cash flow positive. How are they going to afford a CIL at rivers of [no]gold?
Sold 1/2 my holdings today for a 67% loss. Not confident this has a future but will keep the rest for now in the hope they can figure it out.
- Forums
- ASX - By Stock
- OGX
- Ann: CIL Tests confirm outstanding results for tailings & Mestre
Ann: CIL Tests confirm outstanding results for tailings & Mestre, page-11
-
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)