Booroora gold ore density (see the announcement) is estimated to be around 1.2-1.3g/t. You can make your calculations, but I don't think we have quite enough information to accurately estimate the profitability of it. I'd be interested to see people's takes on it though.
That said, I just hope this is not yet another BS announcement. HRZ has really wrecked the little reputation that it had over the past three years and it won't be easy to recover from it.
HRZ Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
