ADG adelong gold limited

Ann: GDM: GDM commences operations at the Challenger Gold Mine, page-61

  1. 1,326 Posts.
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    Yeah but you need to know the time to produce each ounce and the running costs in time as that is critical: the mill isn't being staffed, fed and run for free.

    It's not just then ($2000 per oz) to be sustainable but ($2000 per oz @ a running time in hours/days to produce 1 oz of gold.)

    So for example: Viable then at $2000 per oz requiring the mill to be run @ 8 hours per day for 4 days a week to produce 1 oz.

    Not viable then at $2000 per oz requiring the mill to be run @ 8 hours a day for 7 days a week to produce 1 oz.
 
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