"How do you go UG for 18 mil ?? I suspect that this figure even the LOM 7-8 Years Cap ex of 34 mil is very low"
The plan shows they are using the pit road instead of having to put in a box cut to get down to the portal , so say 75 meters depth * $6000 a m * 8/1 grade = say a saving of $3.6M in drive cost or guessing $2 M if a box cut had been put in .
250 metres vertical depth to the high grade ore 250 * $6000 * 8 grade = $12M
$12M + $3.6M = $16M
just guesstimates of course
- Forums
- ASX - By Stock
- BDR
- Ann: Positive Urucum Underground Pre-Feasibility Study
Ann: Positive Urucum Underground Pre-Feasibility Study, page-17
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online