The Greenfields Mill started the first campaign of the year on about the 16th of April. Presume 12 to 14 days crushing rock, which would get us to approx 36kt to 40kt of wet material, but lets say 35,000 tonnes being a good number of dry metric tonnes being treated. They've been at it now for 10 days so you would think that the first gold is already poured with the last gold bars poured somewhere around the beginning of May. Won't be long after that before its all on a plane to the Perth Mint. Its all coming to a head now and for the followers of Auric curiosity is mounting. Yes, the gold price has softened slightly. But, at the very least $3539 an ounce is on the cards for this round. Last year in the first campaign of Jeffreys Find the yield was 1721 ounces and the gold sold at $2939 per ounce. With that scenario the venture is a full $600 better off in 2024. And, with those of numbers it does't take rocket science to tell you this small mining project will perform very handsomely in coming times. With the stock priced at 18.5 cents this morning it would be a foolish man indeed who'd not consider hooking into a few more.
AWJ Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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