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0.00% 0.1¢ classic minerals ltd

Ann: Extension of Security Purchase Plan, page-21

  1. 82Punter
    3,581 Posts.
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    10/08/23
    14:02
    Post #: 69270219
    Scale it all you like, but it only gets about 70% of the gold out via gravity recovery.
    So increasing the volume of throughput just increases the quantity of gold in the tailings.
    They need a leaching circuit to increase the gold recoveries, but don't have the funds or the scale to make it economical.
    CLZ Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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