SMI 0.42% $1.20 santana minerals limited

Ann: Outstanding Economics - RAS Scoping Study (First 10 Years), page-19

  1. 12,817 Posts.
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    LOL yes well I should have stated he is a scaffolder ... still an impressive operation on trend to R&S...think he makes some good points ..but yeah don't quote the numbers

    from memory being ex OGC S/H I think the head grade was 1.3g/t at Macraes .. I know they have had an impressive returns on such low-grade feed ... spoke with Company sec years ago saying a few Aussie Gold producers had been over to see how they could run such low grade and keep respectable AISC ..

    I think having a work force that mostly lives locally without the turnover the FIFO mines do has got to be a positive for productivity
 
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