GW1 4.76% 4.0¢ greenwing resources ltd

bsm falling price, page-52

  1. 309 Posts.
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    Bass are running perilously close to the minimum grades of concentrate required. If they go under and are not able to make it up by blending, then processing fossey ore could turn into a cashflow nightmare.

    It often throws up problems when companies try to use 2nd hand processing plants to process ore that they are not designed for. Recoveries can often be brutally low and there is no guarantee that things will be able to be improved.

    Here is hoping that Bass can start generating some cash - I look forward to the 1/4ly to try and get an idea where we are at.

 
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