Australia's largest stock trading and investment forum Australia's #1 stock forum

OGX

Click for more information

0.00%

0.3¢ orinoco gold limited

Thanks for the explanation. But are we looking at the similar...

First 49 Last

Share
Profile

Follow
nikelin

200 Posts.

26

23/09/18

12:54

Post #: 35781761
Share

Originally posted by jimone ↑

A ball mill gives a consistent particle size that is important in any ore type, Troy was able to get slightly higher recovery from sulphides that oxides using gravity only, but still only around ~50 percent. So basically grind it to very small particle size then dissolve the gold with cyanide, CIL, CIP or such then recover the gold from the solution.. The company you are talking about has a very low head grade,

View attachment 1307288

They need everything going for them and process over a million tons a year to maybe make a dollar. Our head should be at least ten times that, and that is what makes Cascavel such an attractive project, if they can get it right.

Expand

Thanks for the explanation. But are we looking at the similar capex level or is it so high for BDR because of the low grade ore they process (so they need to process more)?

OGX Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Essential Energy conference: Streamlining approvals key to the green energy transition

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

There are more pages in this discussion • 33 more messages in this thread...

First 49 Last

Add OGX (ASX) to my watchlist