OGX 0.00% 0.3¢ orinoco gold limited

Questions for Mr Pinto and Mr Gray......, page-18

  1. 60 Posts.
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    1000oz a quarter should be a piece of cake.

    333oz each month.

    1.4t an hour into these tiny hammer mills @16gpt = .72oz per hour

    3 shifts per day = 18hrs runtime = 12.96oz per day

    20 days per month = 259oz per month

    259oz per month less 25% because its orinoco gold and you have roughly 200oz

    Retrieve another 133oz in the gravity circuit and the royalty is covered - 3000t per month feed at 6gpt @ 40% recovery = 231oz per month

    Total = 431oz

    -333 royalty

    -98 to cover costs


    another 100oz per month in the gravity circuit and some weekend shifts on the tiny hammer mills and you have everything covered.

    add in the ball mill and flotation cell ASAP and its profitable.


    Of course these are back of the envelope sums so may be off. Question is do management have the skills to get it done?



 
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