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march selheim gold jorc questions, page-2

  1. TwinTurboCelica
    10,103 Posts.
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    10/03/08
    23:28
    Post #: 3451524
    The Capex is fa..... Old school..... mix dirt with water and gold falls out...

    They already have a small machine on site doing the test pits. From all accounts, $2M buys a much bigger plant.

    Someone rang towards the end of Feb from memory, and got a delayed to March answer. Give big Kev a ring and get an update.

    Sellhiem is huge... approx 15K to 20K oz a year at $200AUS cash cost.... should lead to a profit around $15M a year..
    MXR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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