Ann: Alpha Mining Approval , page-7

  1. 1,289 Posts.
    opaline, apologies in advance for being stupid, but what is high grade about 20% higher than december qtr gold (~1.7g/t)?

    Also, have you asked what they intend to do once the 3mths worth of Alpha reserve is depleted? Or why they are quoting 4g/t rather than the 5.1g/t per the reserve statement?

    Lets hope they achieve 4g/t @ Alpha and can get that processed effectively, then, there should be some quality cash margins generated for a period. Maybe then the Creditor balances can begin reducing, and we can see some cash spent on adding to their reserves.

    Great day for the long-termers, well done.
    Looking rosy
    Split
 
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