Vertigo, I think IK is aiming for a concentrate of 30g/t. From the preso,
'Targeting a high grade concentrate for loading in shipping containers at mine site at > 30 g/t gold'
30g is 1 oz. So lets ignore any silver credits
"If that is the concentrate grade, on average over the mine life rather then the high grade stockpile. Then the ROM grade must be about 5-8g/t."
Yes the <100,000 oz deposit has 7.4 g/t
Again I think IK is targeting 36,000 tpa of ore mined which would give 6-10,000 tpa of concentrate.
If you want to use the lower end 6,000 tpa,
a $100 higher processing costs, from $800 to $900/oz,
a $50/oz lower gold price, at $1300
and a $100 shipping cost vs $50-$70,
you still get around $2m pa
the year to date Mantle spent $660k on admin and wages.
So where do you get?
"Norton will pay for itself and pay the company's admin and wages but not much more."
- Forums
- ASX - By Stock
- AUL
- Ann: Presentation
Ann: Presentation, page-23
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)