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67.5¢ tietto minerals limited

If you think that TIE will only produce 80k ounces in a full...

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cherryburn

1,082 Posts.

173

16/05/23

20:10

Post #: 67807662
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Originally posted by Gaspanic: ↑

Yes, an interesting point, but if there wasn't substantial concern for abujar and tietto to deliver on their promises, then the hoardes would be jumping in at these bargain basement prices. If the grade remains the same, then even at full capacity of 4.5 Mtpa, the plant can't produce 80kpa.

To produce 260kpa, the forecast for the first years' production, the average grade would have to be a lot higher.

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If you think that TIE will only produce 80k ounces in a full year of production then please sell up and move on. I am still waiting for your mate, who accused me of being a fibber about meeting Barton Gold for 30 minutes at the recent 121 in London to retract that statement.

TIE Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
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