NIU 0.00% 2.0¢ niuminco group limited

Ann: Quarterly Activities Report, page-37

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    Edie Creek ore is currently being processed at an average 15.0tpd – a significant increase from the previous 12 month averages of

     With new infrastructure purchased, it is anticipated Edie Creek will scale up to run at +40tpd – a 3.0x increase over recent production rates (13.0 to 15

     Niuminco is well placed to scale existing operations at Edie Creek towards becoming cash flow positive.

     At current gold prices, operating break- even production at Edie Creek is 83oz per month.

    https://www.asx.com.au/asxpdf/20161207/pdf/43djzpphr078s0.pdf

    More equipment, less processing?
 
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