Forecast of 10,340 Oz over 2 1/2 years!
That is a tiny amount of production for a listed company. Not much room for error and forget about ongoing exploration, corporate overheads etc.
Or am I missing something?
3% dilution for a pit looks a bit thin as does 6% mining loss.
81% recovery (90% then 90% of that)
It doesn't take much to wipe out the profitability for such a boutique deposit. Cost overruns, ore loss, dilution, recoveries, resource upgrade or lack of it, ongoing exploration and corporate costs.
DYOR and tread carefully some say
- Forums
- ASX - By Stock
- Ann: Positive Norton Gold Mine Scoping Study
Forecast of 10,340 Oz over 2 1/2 years! That is a tiny amount of...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)