MKR 0.00% 6.9¢ manuka resources ltd.

I already pointed out to you though that what you said was...

  1. 3,102 Posts.
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    I already pointed out to you though that what you said was incorrect based on the quarterly.

    You said - "So, a total of 41599t was processed, average grades were 1.8g/t, which equals 74878g/Au in total. This is ~2400oz of Au processed. But their GIC was 600oz. So 25% recovery?!"

    But they never said they processed 41599t in the quarterly and it would be impossible for that plant to do that in only 2 weeks, again which was in the report. We could see from the report that they processed gold for only 16 days and had 600oz in the tanks. Using 2021 Mt Boppy processing rate, 600oz in tanks, 16 days, you can easily determine a recovery rate in line with what they announced.

    My original post about this to you was simply that you incorrectly assumed they had processed all that in 16 days, instead it was just what was screened and ready to be processed. Obviously its best to maintain a buffer in material to stop the processing plant stopping/starting all the time.
 
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