Hi Salt,
Do you think that Troy left behind 100's of thousands of tons of tailings with recoverable gold?At the time the gold price and technology may have made further recovery uneconomical.
I note that BLK extracts gold just economically at current prices from 1-2 gm per ton grade- the economics being dependent of strip ratio etc- which would be irrelevant with tailings.
It is also worth considereing the price of a smaller scale CIL plant compared to Beadle's 30 million as they have to mine low grade /high tonnage to be economical.
The "rivers of gold" may have some riparian delights in their tailings!
- Forums
- ASX - By Stock
- CIL results heads v tails
Hi Salt, Do you think that Troy left behind 100's of thousands...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online