Robert, are you advocating the purchase and installation of this equipment to process all the ore or sending initial loads away for toll processing? It's just that I would rather get some cashflow happening before the purchase of processing plant. We have abt $2.5 mil in the bank and the $1m plus setup you suggest is a significant part of that.
Also at 65%recovery of say 21g/t ore leaves 7g/t for toll processing, which was quoted at 4g/t, so with transport costs added would it be worthwhile? If, as I understand your post, all the ore would have to be shipped minus the 65% gold recovered, so you may as well send the lot and build a plant when you can comfortably afford it.
Just my opinion.
Cheers Mal
- Forums
- ASX - By Stock
- MCO
- el cheapo gold separation
el cheapo gold separation, page-2
-
- There are more pages in this discussion • 58 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
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
Add MCO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online