Yep 30g/t usually makes for a good starter operation
Seems like a fairly challenging pit design being steeply dipping and in the steep valley there, but an oz/t will be worth the effort.
Its probably worth keeping the low grade out of early mine plan and just targeting 10g/t + for early years... Low capex / dilution, super quick payback and then add capacity with cash. 1mt @10g would provide a profitable little starter mine plan to establish the company on strong financials.
Then prove up the 20moz around El Guayabo
- Forums
- ASX - By Stock
- CEL
- Ann: CEL Delivers Bonanza Grades at Hualilan Gold Project
Ann: CEL Delivers Bonanza Grades at Hualilan Gold Project, page-21
-
-
- There are more pages in this discussion • 114 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
NEWS
Is oil undervalued?
Add CEL (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $63.17M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.3¢ | $2.884K | 64.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 33 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 8662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33 | 0.043 |
2 | 510000 | 0.042 |
1 | 280000 | 0.041 |
3 | 385000 | 0.040 |
1 | 290000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 12083 | 1 |
0.045 | 524145 | 3 |
0.046 | 120000 | 1 |
0.047 | 150000 | 1 |
0.048 | 50000 | 1 |
Last trade - 12.18pm 06/08/2024 (20 minute delay) ? |
Featured News
CEL (ASX) Chart |