Dont forget that they are going to put Phoeniix's ore through their mill as well.
"The ore generated from Phoenix Gold's AMP program will supplement the Company's own mining and milling
schedules and enable the mill to optimise throughput.
The income stream generated by the treatment of
Phoenix Gold?s ore will assist in repayment of the cost of the mill and ultimately increase revenue and profits."
So they should be able to pay off the debt quicker with that stream going through.
I cant recall offhand when the mill is due to be up and running.
- Forums
- ASX - By Stock
- KMC
- low grades
low grades, page-17
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost