I was listening to another quarterly webcast and management were talking about a possible degrussa gold operation. There's actually about 7 million tonnes at 1g/t gold in tailings for 225,000 ounces and it would be possible to process 1 million tonnes of the tailings per year (30k ounces/year). If they could use 600k tonnes/year of the mills crushing capacity to process the old highway gold at 3g/t, that's another 60k/ounces per year.
then they would have a spare 1 million tonnes of crushing capacity to process some small copper deposits if they find any. I think a hypothetical copper deposit would have to be at least 3million tonnes at 2% for it to be economic to process. I wonder if they are able to shut down some of the flotation plant to make it a smaller more economic operation..
All hypothetical.
- Forums
- ASX - By Stock
- SFR
- Talk Ya book- Michael McNeilly Metal Tiger re Sandfire
Talk Ya book- Michael McNeilly Metal Tiger re Sandfire, page-5
Featured News
Add SFR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$10.31 |
Change
0.020(0.19%) |
Mkt cap ! $4.712B |
Open | High | Low | Value | Volume |
$10.33 | $10.37 | $10.17 | $6.707M | 653.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1898 | $10.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.32 | 5632 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1850 | 10.300 |
14 | 4937 | 10.290 |
13 | 4295 | 10.280 |
17 | 5547 | 10.270 |
10 | 7173 | 10.260 |
Price($) | Vol. | No. |
---|---|---|
10.310 | 2215 | 15 |
10.320 | 3843 | 16 |
10.330 | 4699 | 19 |
10.340 | 14180 | 17 |
10.350 | 2644 | 9 |
Last trade - 14.28pm 19/11/2024 (20 minute delay) ? |
Featured News
SFR (ASX) Chart |