Thanx for your replies Davisite & Wombat,
Makes sense that the DFS is supposed to be within 15% of the real ASIC and is done by independent consultants. I had previously thought perhaps company Directors put out their own guesstimates so did not know if the figures could be relied upon in the slightest. With narrow vein mining I wonder if there is any studies on the actual differences that were found between what was forecast and what the actual aisc turned out to be in practice. I guess it must be very challenging to estimate with accuracy in advance.
Months ago I did attend a seminar where EGA made a presentation. From memory I think Marc advised they tried one sorter initially but the performance was not impressive in some respects and then tried another which they were happier with. Though I don't recall which was which.
With the markets being shaky lately could this have a bearing on ega ability to secure finance?
- Forums
- ASX - By Stock
- EGA
- Ann: Indicative Debt Funding Proposals Received For Rothsay
Ann: Indicative Debt Funding Proposals Received For Rothsay, page-26
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)