Ok i made a mistake As per PNG MINING & PETROLEUM INVESTMENT...

Ok i made a mistake

As per PNG MINING & PETROLEUM INVESTMENT CONFERENCE December 2016

2317 tonnes of ore processed (6.4 tonnes per day) at an average grade of 9.3g/t




SO:

60 Tonnes per day output when the equipment is going (April)

At an average of 9.3 grams a tonne (as per previous results)

say 5 days a week x 4 weeks = 20 mining days a month (probably 24)

20 days x 60 tonnes = 1200 tonnes per month x 9.3 grams = 11,160 grams a month

11,160 grams x $51 AUD per gram = $569,160 a month