TSO 1.79% 2.8¢ tesoro gold ltd

Ann: Maiden Mineral Resource Estimate sets foundation at El Zorro, page-91

  1. 2,608 Posts.
    lightbulb Created with Sketch. 487
    Usual process would be to report resource with the break even (revenue factor 1) optimised pit shell. So, likely loses money at lower POG, noting that it is before any technical studies so inputs are assumptions only.

    Geotechnical was covered by the 42.5 degree wall angle in the announcement. They would have set min/max wall angles as part of the optimisation.
 
watchlist Created with Sketch. Add TSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.