AAM 0.00% 4.5¢ aumega metals ltd

word has it, page-48

  1. 1,289 Posts.
    plough,

    sorry i seem to be assuming anything, not my intention.

    my comments stem from the following facts:

    1. High silver content
    2. Necessity to purchase an electrowinning circuit
    3. Necessity to blend high and very low grade ore.

    all this leads to the conclusion that, on average, A1 will most likely continue to produce at grades below the reserve est. Not a big deal in it's self, on the economic side of things, they need the higher throughput to achieve good margins on the lower grade, therefore capex to be spent on the plant to upgrade it's overall capacity. I'm sure that isn't a short-term plan, but it will need to happen. Until then they need to work out the best method of achieving significant gold production.

    All my opinions based on many sources of info, for whatever it's worth.

    cheers
    Split

 
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