aussiepeace2
The proof of the pudding is in the eating.
A plant up grade would be needed to maximise the returns from the pits, and as it was successfully done at Sabodala to very substantially increase margins and returns it will be done here, but not in the first 5 minutes.
My recollection is that The gold in pit 1 is open at depth and along length.
It is also my recollection that the grade was over 5.6 grams per tonne, that the cash costs of extraction were, when the gold price was around $1,200 US per ounce, was reported to be $683 US per ounce; and lastly, that it was reported that for the first 12 months of full operation that it was expected to produce between 50,000 and 55,000 ounces.
The rest of the calculation I leave to others to make.
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aussiepeace2The proof of the pudding is in the eating.A plant up...
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