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6.5¢ beadell resources limited

Ann: US$23 Million Capital Raising, page-41

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loki01

11,112 Posts.

619

07/05/18

13:11

Post #: 32929117
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Originally posted by meric ↑

In the last quarterly they were feeding the mill with “spent ore” and 0.65g/t oxide rock to maintain an 80% oxide feed. To get 1+ g/t head grade the 20% of sulphide feed must be 2.5+g/t, which must be the high grade stuff they claimed to mine late last year and early this year.

This fits their blustering about flexibility in the new mill to process any combination of sulphide and oxide ore.

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Thanks Meric

I know that is what happened. It does not clarify to me if there were mining issues at Monkey hill etc where the high grade oxide ore was supposed to be. So clearly you have made a supposition which could prove to be correct, but we do not have clarity on this point, at least not for me.

loki

BDR Price at posting: 7.2¢ Sentiment: None Disclosure: Held
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