I agree generally small listed juniors taking the gravity gold route with small Gekko plants -the only plants generally available in Aust -usually ends in tears. I don't want to promote our capabilities and I have the utmost respect and admiration for Gekko but we built 50 tph plants complete to our design for a fraction of the cost of Gekko. I could still do a 50 tph plant just as good as the 30 tph Gekko plant for less than a million.
I haven't followed CLZ lately - didn't study in detail and as I recall the ore wasn't in the same class as EMC. I will have a gander -
Look at Morning Star - about 15 years after all the excitement with a 10 tph Gekko they are having another bash - maybe this time it will work.
All I know is this -I could put a refurbished 50 tph plant on site for about $500,000 using various items of equipment from my previous plants around the place and the plant would be highly effective and imminently operational. But mate at nigh on 87 I have a very busy program - finding gold at Newman and expanding acreage.
I hope Everest can make it all work because it looks tantalising. I wish I had some ground like that now would tempt me to get back in production if I could assemble a team again.
And if EMC can crank it up there is a state of the art Gekko plant as I recall about 500,000 tpa at Karratha with ARV that's never turned a wheel. Now that is a good plant and probably pick it up real cheap.
- Forums
- ASX - By Stock
- Ann: Corporate Update
I agree generally small listed juniors taking the gravity gold...
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.003(1.89%) |
Mkt cap ! $25.14M |
Open | High | Low | Value | Volume |
13.5¢ | 13.8¢ | 13.0¢ | $120.3K | 909.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 140000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 2663 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 140000 | 0.130 |
4 | 472403 | 0.125 |
4 | 130667 | 0.120 |
2 | 60878 | 0.115 |
3 | 340186 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 2663 | 1 |
0.140 | 403411 | 4 |
0.145 | 152330 | 4 |
0.150 | 214371 | 3 |
0.155 | 29040 | 2 |
Last trade - 13.17pm 04/11/2024 (20 minute delay) ? |
Featured News
EMC (ASX) Chart |