I have Year 1 as 270,000 tpa @ 5.1 g/t Avg / 31.1034768 (troy ounce) = 44,271 oz x recovery rate of 95.7% = 42,367oz
Years 2,3,4,5,6 = 333,000 tpa @ 5.1 g/t Avg / 31.1034768 (troy ounce) = 54,109 oz x recovery rate of 95.7% = 51,782
Total Year 1 = 42,367 Total (Yr 2-6) = 258,910 TOTAL = 301,277
So there is obviously further dilution at some point in the production process. Is this occuring at the mine site or when we truck the stuff to Parkes?
Any further insight would be much appreciated
CRC Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held