AAU 12.5% 0.4¢ antilles gold limited

Ann: Las Lagunas Production Update-PGI.AX, page-4

  1. 11,791 Posts.
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    Bdell, firstly well done on crunching the numbers etc in regards to production estimates.

    Secondly, from the last quarterly, PGI clearly stated clearly that in regards to ore grade for the rest of the current resource -

    pgi.jpg

    Also, without going through every quarterly, I am fairly confident that the grade has rarely if ever been above 3.7g/t, which I think should imply that the rest of the resource is going to be at or above 3.7g/t.

    @Oscar11 - totally agree.

    I am really happy to see that on a P.A rate, PGI is now above 48k ounces equivalent (which I believe PGI has been predicting in its more recent announcements). I would be happy to see PGI lower the total amount of ore being processed, especially if it ends up providing more gold being recovered, with the added bonus of having a longer production profile if PGI ends up having issues with accessing more ore from elsewhere.
 
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