BCN 0.00% 2.3¢ beacon minerals limited

Ann: Beacon Acquires Interest in the Lady Ida Gold Project, page-70

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  1. 6,092 Posts.
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    it wont be quite double, but certainly a good deal higher IF we process 2.07g/t,, it would at least cover 50%+ of the revenue shortfall of only processing 400ktpa of our own material.. thats a big IF though.. it could well be the case they either blend it or go for a lower cut off to maximize the resource.

    it would benefit both partie sto stick to the 2g/t than to dilute... it keeps our profits higher for the duration and shortens the duration of reduced throughput of our own material and it gets GL paid out quicker and with cheaper costs per ounce while they are paying half the mining cost.. so i think it would be a win win if they did that
 
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