VTX vertex minerals limited

Ann: Reward Gold Mine Project Update, page-34

  1. 2,841 Posts.
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    I think you're right on the numbers, and the docs on this where a good number of months back. Ultimately that's why they're selling concentrate instead of putting the additional effort in for dore or bars. So you're right, won't quite be the live spot price as the smelters and all transports etc will take their clip, and I'm not sure on the fees they put forward

    @Cunnington1 the stockpiled prior tailings wouldn't feasibly be transported up the hills and to the nearest mill - it's one steep ass hill and they would need to have big trucks to make it viable, and these would then need driving about through town and to the nearest mill that would take it - and ultimately for the feed they would be bringing it wouldn't be worth their bother. I think the tails are done for now - build stuff on them, and get to the high grade
 
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