FML 7.14% 15.0¢ focus minerals ltd

Ann: First Gold Pour at Coolgardie Gold Operations, page-58

  1. 255 Posts.
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    If TMH was operating at nameplate capacity at the start of October, then they should process ~100,000 tons of ore for the month of October. Assuming an average grade of 1.13 g/t and recovery of 90.5% (per Year 1 forecast), then FML may have recovered ~3,000oz of gold during October (~AU$9M at current AUD gold price)...would be very nice if this did indeed occur and they included as a note in the quarterly. Fingers crossed.

    DYOR.
 
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