Lets hope two things remain constant.
The yield from the next parcel and the goldprice around $2900 plus.
If so That should gross up $25m income from the starter pit.
Given the starter pit tons is half the proposed total pit design then the next 200 kt to be completed end 24 start 25 of ore should yield the same gross cash although costs would be higher taking the pit 25mtrs deeper.
Budgeted overall ounces on the 385kt pit were 19koz
18110 oz if grade/ton stays the same further down the pit.
$52.5m total gross @ $2900
The question is have AWJ gone for the stage one pit design based on the SHORTER trucking option given the higher gold price compensates for it in the budget.
On the basis of the extra feasability trucking cost of $15/ton @1.5g/ton = $10/gram or just under $300/oz trucked.
I.e. meaning the overall pit will target 550kt @ 1.5g/ton for 24.9koz instead of just 19koz.
It's only another $15m gross income to add to the $52.5m on 18110oz.
Time will tell
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17.5¢ |
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0.005(2.94%) |
Mkt cap ! $25.25M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 17.0¢ | $62.16K | 359.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 285086 | 17.0¢ |
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Price($) | Vol. | No. |
---|---|---|
17.5¢ | 355000 | 2 |
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No. | Vol. | Price($) |
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7 | 148151 | 0.165 |
9 | 156521 | 0.160 |
3 | 335000 | 0.155 |
1 | 100000 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 355000 | 2 |
0.180 | 200000 | 2 |
0.185 | 147021 | 4 |
0.190 | 240000 | 1 |
0.200 | 73363 | 3 |
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