re: copper - new high Yes Flats - my model for Stage11 has them earning $US23mil/pa on BT's output of 20kt Cu & 1.6milozs Ag but I still find it difficult to believe that they'll only be feeding 250kt of full grade ore to that first ball mill that's designed for 350kt throughput - he says that the balance of 100kt will be floats/tails but they've already put in the second ball mill at Dikulushi but it apparently is not being commissioned at the moment.
It makes a huge difference to the profit if they process 350kt of full grade ore.
Let's hope he's just being conservative with his output estimates at the moment.
October should be a big announcement month IMO:
1)Confirmation of completion of commissioning of Stage11 and full ramp-up
2)Updated resource/reserve statement for Dikulushi
3)Feasibility study into Stage111 Dikulushi(undergound)
4)First Gecamines deal signing
5)Quarterly report
bang, page-23
Add AVM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $3.926M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.6¢ | $18.13K | 651.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 760066 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 144615 | 1 |
View Market Depth
| Last trade - 14.32pm 17/07/2024 (20 minute delay) ? |
| AVM (ASX) Chart |