Yes all CIL plants have a gravity circuit. As for second hand plant costs could be anything from $5 million to $50 million - I am slowly looking at what's available particularly with copper gold capability as are many in the Tennants Creek area. I note the small 350,000 tpa Lorena plant was bought for about $5 million - Tombola Gold went into administration but not sure if they are being reconstructed like True North and the situation with the plant. Dismantling -moving -refurbishment - installation . Dont know what TCMG paid for the 840,000 tpa plant being installed by Como Engineers at Nobles Nob. Probably no change out of $20 -30 million. Then you have the Burbanks plant 180,000 tpa for $4.4 million but wouldnt be a proposition to relocate. It's pretty simple really -Ironbark was way ahead of Crown Prince and I note today NMG hope to commence mining mid '25. That's where we should have been generating cash flow this year as well as expanding the resources.
GBR Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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