FFX 0.00% 20.0¢ firefinch limited

Ann: High Grade Gold Results from the Morila Super Pit, page-58

  1. 4,047 Posts.
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    @hurtadarryl again the system won't allow me to reply to your post

    "The absolute value of mining was $5.19/t. The absolute value of processing was $19.3/t."

    I agree with those figures based on the Activities report quoted Mining cost $4.1m, processing cost $16.3m for 798kt mined.

    My point is (extreme example) The 326kt of tailings (out of the 798kt total) may only have cost $100k to mine & $100k to process with the remainder of processing + mining costs allocated to Viper/Pit5

    In the above hypothetical example, the tailings would have been incredibly profitable.

    At the other end of the range, the bulk of the $4.1m & $16.3m costs could have been for the tailings.
    Obviously they are 2 extreme examples & the actual cost is somewhere in between.

    We just have no way of knowing how much of the $4.1m mining cost, or $16.3m Processing cost is allocated to the Tailings. All we know is that it will be significantly cheaper than the mining/processing of Viper/Pit5 ore.
 
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