XAM 3.03% 6.8¢ xanadu mines ltd

Ann: Date for 2019 Annual General Meeting, page-7

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  1. 15,551 Posts.
    lightbulb Created with Sketch. 1408
    I was having a think about the size of Plant/ throughput in the PEA. I'd forgotten how big this thing is.
    They would have to finely balance throughput with grade but it looks like 400 T/h or 4 Million T/y for 15 yrs.
    As an Open cut at 0.86% Cueq (I make it 1.3g.t Au eq), given the grind size and recovery, it should have a good chance to make a C1 profit of around 0.85 g/T and thus significant NPV.

    All IMVHO
 
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