BCN 2.22% 2.2¢ beacon minerals limited

Ann: Letter to Shareholders, page-112

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  1. 559 Posts.
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    "The mill has processed feed at a very low grade up til now. The Lady Ida ore is 2 or 3 times richer and so, for the same thoughput, in my opinion, we will come out well ahead over the same time frame." If that is true, then I agree. Grade is incredibly important for profits. Anyone here think the grade at Ida is not 2x prior average for Beacon?
 
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