WMC 0.00% 20.5¢ wiluna mining corporation limited.

Mate, here you go again.. I said for a few months not total mine...

  1. 4,596 Posts.
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    Mate, here you go again.. I said for a few months not total mine plan...it's even written in the quote.

    To save any further confusion, why don't we simply focus on a larger set of data

    I wrote:

    "If you believe their numbers (which would seem a stretch if history is any guide), their 3.5 year "step change in economics" has a projected strip ratio of 7:1 with a processed grade of 1.3gt at 90% recovery.
    AISC:
    Again using your calc = 5.38 or AISC of around $1600"


    In truth that should be higher looking at recovered rate.

    ((1/(1.3*0.9))* 7 = 5.98
    = AISC of around $1650-1700


    Your thoughts??
    Last edited by CaptainGrumpy: 17/04/18
 
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