NTL new talisman gold mines limited
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Hi wilvest1, My reading is that 1cu3 of concentrate is 5 ton...

  1. robbo24
    11,339 Posts.
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    17/10/17
    12:56
    Post #: 27963279
    Hi wilvest1,

    My reading is that 1cu3 of concentrate is 5 ton because:

    1) It is a fine powder;
    2) The content of minerals and metals increases the net weight per ton over the rock that is discarded.

    That seems to be the indication in the announcements anyway.

    The normal rock/material in the mine is about 2.5t per cubic meter.
    NTL Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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