DEG 0.41% $1.20 de grey mining limited

BROKER'S REPORT ARGONAUT- GO NORTHWEST, page-14

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    Great analysis.

    one area i noted was argo inferred a 75% gold recovery per ton mined. You use a conv rate of 57% from inferred to prooven

    DEG had done gold recovery tests in dec qtr last year (i think) and i seem to remember it was around 89% of the assayed values. If you move the recovered tonnages from 75% to 89% how does that impact your model?
 
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