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8,323 Posts.
581
30/08/22
13:36
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They need mega high grade, processing 7-9t per hour is snail's pace and 60 staff to pay.
Need to be lean.
60 staff at $70 per hour = $4200/hr but probably more
fuel
power
etc etc
8t * 10g/t / 31.1 = 2.57oz/hr * $2510= $5020 then probably 75% recovery at best = $3765/hr
Gee even if they are mining 20g/t ore I wouldn't bet on them making a profit.
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