BOK 0.00% 19.0¢ black oak minerals limited

Ann: Quarterly Activities Report to 31 March 2015, page-4

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  1. 119 Posts.
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    70,000 is a good start. First month producing and we don't know if that was a full months production. Good to see them pumping out 200k a month from now on. I calculate a quick cost per ounce of silver pulled out of the ground at about $1.30 per ounce, so should be plenty of margin going forward.

    Grade is higher than budgeted and costs are lower than budgeted.

    Lets hope they can ramp up to the 200k a month by May I'd say. 120k to 150k in April should mean were on track. If we hit 200k around May, we're off to the races.
 
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