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doesnt this comment fly Inthe face of our income tax argument?

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Mozzy

740 Posts.

142

09/06/21

13:00

Post #: 53740173
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Originally posted by ozblue: ↑

Being 22kg or 707 oz that bar being dore' and not pure gold would be around 700 oz of gold. At the 1.1g/t grade for pit 5, and the 3.5mt/a rate of the mill and processing plant (plus 91% recovery), we should have around 3 of those per week, or ~2,100 oz/wk.

Without looking at the photo again, didn't it have 3 of them holding those bars? If so a subtle sign of great production happening right now. It will be a very interesting report on initial production from the mill plus processing plant when Dr Mike gets back to Australia to write it up.
He has 2 weeks of quarantine when he gets back, so plenty of time to write up a nice comprehensive report of what's happening, including initial production. IMHO it will be a surprise to those that thought we needed to spend $70m getting the plat going properly.

Gold production while prices are high pays for a lot of work and drilling, which is what we all want to see.

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doesnt this comment fly Inthe face of our income tax argument?

FFX Price at posting: 38.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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