also to consider. and slap me if I've done this wrong. thinking of toll milling here. especially since mining, trucking and refining are common variables (leaving out for now the difference in silver vs gold)
current aud gold price 3500 /oz. 112/g current aud silver price 48/oz 1.54/g
boorara 1 tonne of ore @ 1.26g/t = $142 less costs
nimbus 1 tonne of ore @ 771g/t = $1189 (+ zinc!!) less costs
I just can't really wrap my head around why we wouldn't cart and prioritise, toll mill or do something with ore that is almost 10X more "valuable" even at current prices?!
if we're going to be mining, and toll milling, maybe they need to look at these options too just saying?
HRZ Price at posting:
5.0¢ Sentiment: None Disclosure: Held
