ERM 4.84% 5.9¢ emmerson resources limited

GOLDEN FORTY LOCATION, page-7

  1. 919 Posts.
    lightbulb Created with Sketch. 150
    " 3 or 4 bagger for mine"
    Check my calculations, maybe we get more than a 3 or 4 bagger:
    https://hotcopper.com.au/data/attachments/6157/6157692-1e34b1c138a2edb395a086c6efd089bc.jpg

    https://hotcopper.com.au/data/attachments/6157/6157700-55a36e6a3357b29ee24c5ab7b92370e2.jpg
    https://hotcopper.com.au/data/attachments/6157/6157759-974386d8a2d95fc55b539596bfbda5c9.jpg

    What is interesting here is at 2.5 g/t cut_of grade the value in the plot plateaus but the unit cost of productions would drop with the economy of scale.
    What do you guys and gals think?



 
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