NTU 4.41% 3.3¢ northern minerals limited

Hi Ausheds,300tpa Dy is a big ask isn't it?Dy is 8.8% of...

  1. 1,075 Posts.
    Hi Ausheds,

    300tpa Dy is a big ask isn't it?

    Dy is 8.8% of TREO.

    Total TREO to be mined to get 300tpa =(300/8.8) x 100

    = 3,400 tpa TREO

    Give a recovery rate of 70%

    = (3,400/70) x 100

    = 4,850 tpa

    Thats a mine life of (10,500/4,850)

    = 2.16 years

    That's nearly 1,800 tonnes of ore to be mined and crushed daily. That's a lot isn't it?

    Also, what's this 'old' CUX business?

    Cheers
 
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