GW1 15.0% 4.6¢ greenwing resources ltd

a comparison., page-7

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    Campaign 1 milled around 25kt of ore, C2 is supposed to be 40kt, and presumably C3 will be in May, at let's say another 40kt. That's 105kt of ore, yielding concentrate at, say, 10%. That gives 10.5kt of concentrates, or 23.1 million lb @, say, 50c profit, yielding $11.55M profit. That sort of figure, gained in the start-up phase, should well and truly satisfy the market I think, especially given the expectation that feed rate and perhaps grades will improve in the next financial year.
 
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