HGO 5.80% 6.5¢ hillgrove resources limited

Ann: First Cash Received from Copper Production, page-11

  1. 33,458 Posts.
    lightbulb Created with Sketch. 1735
    Think there are gold credits above your 1% average Cu guess you have to take that into account with smaltering

    for simplicity you may just want to use a figure of A$13000 a tonne for Cu , that is what I worked your value to be for Cu

    5.5 *5.0 drive (just guessing they look bigger) = 27.5m cubic meters say 750 meters mined out in 3 months = 20,625 BCMs
    20625 * SG3 = 61,000 tonnes from 1 TBJ

    Really depends on the speed of the jumbos but I know very little about about UG so just blowing smoke out of ny ear or wherever
 
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