NTL new talisman gold mines limited

Hello everybody,excuse my english, but I am from Austria.For my...

  1. 3 Posts.
    Hello everybody,

    excuse my english, but I am from Austria.

    For my understanding, the only relevance that this info has. That for 1 Ton of ore we get between 800-900 gram of gold.

    That means if we can only get 20000 t of ore out in a year, we can get around 300.000 ounces of Gold. That means with the permit for a 100.000 tonnes of ore they can clean this mountain completly of there gold reserves, or am I totally wrong.

    This is my unknowlegable perspective, please correct me if I am wrong.



 
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