CLZ classic minerals ltd

The sample ore grades 6.06 minus 25 percent plant inefficiency...

  1. 4,185 Posts.
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    The sample ore grades 6.06 minus 25 percent plant inefficiency equals 4 percent, how much overburden did they need to remove to get to the gold-bearing ore. was it 5 meters? Digging it up loading it into trucks & transporting it to the ROM pad & back again to the Gekko. All the fuel that was necessary to process it. Would be surprised if there was any profit after all that (double handling). If they were counting on the market buying the stock up, they would be sadly disappointed. The boy cried wolf way too many times . It just resembles an expensive private operation and looks pretty, but essentially smoke & mirrors .But they got it to a state, where it could be run privately, let's see what happens now, but I still think the whole thing is non-economic without continual inputs of money
 
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