re: Ann: Siana process plant improvements - u... Doubt if I would call that name plate as they never mentioned grade guessing grade is running around 1.1 gram a ton not the LOM average of around 2.7 gram a ton for the opencast.
Why lower grade ? Well they must still be cutting back in the north face plus escavating down towards the higher grade that all adds to high strip and heavy dilution.
Maybe nameplate on a tonnage basis for one day but even then no mention of plant availability on a weekly basis.
one swallow does not mean its spring.
still I bought a few today - more out of curiosity.
As for cost per oz my guess running around $1000 an oz on CI not $400 like they estimated for LOM with total costs at or slightly into cashburn territory.
Maybe in 4 months they will be around $600 an oz in C1 costs once they are not removing so much country rock
THese guys are not the smartist on the block but they do have ore with a low BMI its of decent grade on a LOM basis the strip should not be too high considering the widths and the labor costs are low but driving skills and maintenance abismall,
All the above just my opinion welcome to be refuted.
- Forums
- ASX - By Stock
- RED
- Ann: Siana process plant improvements - update
Ann: Siana process plant improvements - update , page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.5¢ |
Change
0.010(2.99%) |
Mkt cap ! $2.346B |
Open | High | Low | Value | Volume |
34.0¢ | 35.5¢ | 33.5¢ | $13.13M | 37.89M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1581988 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 605979 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1581988 | 0.340 |
29 | 2067422 | 0.335 |
34 | 1294691 | 0.330 |
17 | 1247917 | 0.325 |
17 | 764621 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 605979 | 8 |
0.355 | 1010691 | 12 |
0.360 | 1077566 | 17 |
0.365 | 537691 | 10 |
0.370 | 97765 | 7 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
Featured News
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
NEWS
Is oil undervalued?
RED (ASX) Chart |