AWJ 8.57% 19.0¢ auric mining limited

Morning all.Well how's that for a nice surprise?I didn't expect...

  1. 4,207 Posts.
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    Morning all.
    Well how's that for a nice surprise?
    I didn't expect to see such a good price given that we were in a retrace in the gold price.
    So we achieved $543/oz better than the numbers originally calculated.
    Head grade of 1.44g/t is not too shabby and I expect that could improve with depth.
    Based on these numbers, we have an idea of what to expect with balance of the 300,000 tonnes the mill is contracted for.
    The differences being that we are again looking at a much more improved GP along with my expectation of higher grade.
    In this game, we all reserve the right to be wrong but everything looks fine to me so I am pretty confident.
    aimho.
    Kind regards, Wack
 
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