aussiepeace2
The proof of the pudding is in the eating.
A plant up grade would be needed to maximise the returns from the pits, and as it was successfully done at Sabodala to very substantially increase margins and returns it will be done here, but not in the first 5 minutes.
My recollection is that The gold in pit 1 is open at depth and along length.
It is also my recollection that the grade was over 5.6 grams per tonne, that the cash costs of extraction were, when the gold price was around $1,200 US per ounce, was reported to be $683 US per ounce; and lastly, that it was reported that for the first 12 months of full operation that it was expected to produce between 50,000 and 55,000 ounces.
The rest of the calculation I leave to others to make.
- Forums
- ASX - By Stock
- BSR
- Ann: Makabingui Gold Project Update
Ann: Makabingui Gold Project Update, page-29
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online