NIU 0.00% 2.0¢ niuminco group limited

Ann: Presentation at Resource Stocks, page-22

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  1. 341 Posts.
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    following i have listed (from quarterly) the average grade recovered -for that quarter

    so june quarter - 2017 was 30.9 g/t
    sept 2017 = 17.1 g/t
    dec = 15.1 g/t, and
    march quarter 2018 at 10.5 g/t

    i think that shows tl knows where to source high grade ore

    i read the presentation such that mining operations ( per quarter ) could be cash-flow positive at 1.5 to 2g/t -- wouldn't that include wages, fuel and other costs associated with producing the 80 odd oz of gold.?
 
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