Any thoughts on the AISC? .

First 31 Last

Share
Profile

Follow
Banker

18,109 Posts.

169

09/10/24

21:48

Post #: 76053765
Share

Originally posted by silverdonut ↑

Goldnova1 has a point - but let's unpack this.

I know BEZ is building a PILOT Plant and not a commercial one but I am comparing.

BEZ's pilot plant would process 50tonnes per day if I remember correctly - so at 3 grams a tonne -that's 150 grams a day in gold or a touch over 5 ounces a day.

gold is about $3,900 AUD an ounce tonight - so about $19,500 per day less costs

assuming the processing happens 365 days over the year it would be about $7.1m in gold.

now as we know gold mining, processing and refining does not happen in a linear fashion - stuff goes wrong - machines break down so the actual annual number will be much less than the $7.1m.

now as a comparison - de Grey is moving from explorer to a producer - they aim to produce 500,000 ounces of gold per year - the processing plant will process over 10million tonnes of dirt per year - or 27,000 tonnes per day.

here is the crunch - the cost for de Grey to build a commercial plant is AUD$1.3 Billion - all info from from their ASX announcements.

SO - whilst I hold BEZ. - the pathway and cost to get to COMMERCIAL production will be long and very expensive - let's say BEZ wants to produce 100,000 ounces a year - a cost of $200m to $300m for a fully functioning plant will be needed.

with the Quantum issues - not sure where this funding will now come from. it's either large future capital raises or debt or both.

Expand

Any thoughts on the AISC?

.

BEZ Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

RCE

Recce progresses testing of gel to treat bacterial skin infections

AHK

Ark Mines provides strategic update following mining lease submission

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

There are more pages in this discussion • 3 more messages in this thread...

First 31 Last

Add BEZ (ASX) to my watchlist

(20min delay)
Last 8.2¢		Change -0.006(6.82%)		Mkt cap ! $34.07M

Open	High	Low	Value	Volume
8.4¢	8.5¢	8.2¢	$11.69K	139.2K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	82000	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.081
1	10000	0.080
2	21794	0.078
1	10000	0.077
2	16868	0.075

Price($)	Vol.	No.
0.086	82000	1
0.088	1559	1
0.091	5000	1
0.092	56864	1
0.093	50000	1

Last trade - 15.54pm 09/10/2024 (20 minute delay)

BEZ (ASX) Chart

Any thoughts on the AISC? .

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

Recce progresses testing of gel to treat bacterial skin infections

Ark Mines provides strategic update following mining lease submission

Titomic jumps +6% as it incorporates Microsoft Hololens tech

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Any thoughts on the AISC? .

Top Stories

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

Recce progresses testing of gel to treat bacterial skin infections

Ark Mines provides strategic update following mining lease submission

Titomic jumps +6% as it incorporates Microsoft Hololens tech

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News