TIE 0.00% 67.5¢ tietto minerals limited

TIE: Your Predictions., page-60

  1. 486 Posts.
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    Previously, in reply to a post of mine you replied
    "You need to take into account the heap leach operation being planned for 60k of those ounces. The Company has always maintained 200k ozs annual LOM production in any case."

    My comment was in regards to the first year forecast of full production quoted as 260koz.

    My reference was the indaba presentation posted online in feb 23. I don't imagine any significant change in feasibility or resource in the interim period.

    I was questioning the ability for TIE to meet that prediction as it obviously doesn't contain the heap leach, which hasn't passed feasibility yet.

    How could TIE meet this expectation with a plant

    Running at full capacity (unlikely) at 4.5 mtpa, they need grade of 1.8g/t Au to produce ~260koz. At 4mtpa (more likely) the grade needs to be just north of 2g/t. The resource model doesn't look like it would allow this.


    https://hotcopper.com.au/data/attachments/5276/5276270-3625b46b602b4c7a63e6414e49ad4813.jpg

 
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