CTL 0.00% 0.9¢ cleantech lithium plc

Ann: Extension of time to hold AGM, page-10

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  1. 478 Posts.
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    Yeah Mill is still operational, but Union Hill Mine appears mothballed, must have conceded to the grade of the underground workings.


    If work on 15 trucks a day operating, single trip per day, and like you say there is not weekend or public holiday transporting (Fact).  The at best only likely to transport 500 tonnes per day, maximum 2,500 tonnes per week, at 13 weeks per quarter only going to be transporting a maximum of 32,500 tonnes per quarter, less public holidays, maybe 30,000 tonnes per quarter.  Short of the mill capacity.  Would need to be getting 5g/t from the ore, as 1g/t - transport, up to 1g/t - processing, ?g/t  mining and extraction, ?g/t - overheads/further drilling/expanding knowledge.


    Say 30,000t per quarter @5g/t  + 150kg @ $53,500 per kilo = $8,025,000 per quarter

 
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