BCN 4.55% 2.3¢ beacon minerals limited

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    Yes only quickly zipped thtough production previously. in this case recovery seems closer to 87.3%. I'm not sure what a benchmark is but im used to seeing closer to mid 90%s in more established goldies and in my own working capacity i typically see tails grades below 0.1g so i am not sure what the driver of their higher tails grade is.

    obviously 2nd quarter so i agree how they optimise recovery will be apparent - if recovery increases and tails grade drops this woupd be great. Reagent optimisation i would have thought would far be outweighed by increased gold revenue and ive seen this anecdotally at site. I dont know what pfs tails grade etc. was bring targeted at.

    agreed with your comments on aisc. Shouldn't detract expecting aisc to hit now. But was more clarifying as some may be thinking sub 900 aisc was correct. Only time will tell over next few quarters how they ramp up - if they do get to lower aisc of 900 oz then they will weather any potential gold reversion back to lower prices. Things look great at the moment but not too long ago gold was well below 1800 oz 12 months or so.
 
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