ALK 3.09% 47.0¢ alkane resources limited

Thanks for that, just read their latest PR. For starters this is...

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  1. 54 Posts.
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    Thanks for that, just read their latest PR. For starters this is a project not an operating mine so they haven’t demonstrated that they can economically recover anything at a commercial scale. Secondly their Cu grade of 0.20% has assumed a recovery of 76% (reflecting a tails grade of around 0.05%). Additionally their assumed processing cost is C$12.50/t milled (~A$13.50/t milled). If the same parameters were applied to this project you’re looking at at an increase in AISC of around $400. And that’s assuming Boda can recover copper at 84.5%.
 
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