Hi gents and ladies present,
i can see once the drilling delineates more defined resources,then expansion of the plant will be a natural.
I honestly believe,that's why all the current drilling to find more resources and the next pit to exhume in a hurry.
It's a case of keep the mill fill(DONE),then chase grade(DOING),while chasing justification for expansion(DOING) while chasing feed for any expansion(DOING).
Apparently,in the past a small sum was mentioned,to take the mill to 1.8mt/yr.It all comes down to how much disruption,is tolerable with such a rising gold price, logistics and available mobile plant and staff.
I believe mention of the crusher being good for 2.8Mt?
The Future will be interesting as i believe FML are looking well ahead to lowering their per ton costs and that naturally comes with a larger plant if you can KEEP IT FULL.
Otherwise you end up like Barrack needing a CRE to keep your per ton costs down.
Interesting and profitable times ahead.
DYOR+DYODD
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Hi gents and ladies present, i can see once the drilling...
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Mkt cap ! $39.40M |
Open | High | Low | Value | Volume |
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1 | 3809 | 0.130 |
4 | 95300 | 0.125 |
1 | 7500 | 0.120 |
1 | 1000 | 0.110 |
Price($) | Vol. | No. |
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0.140 | 67030 | 2 |
0.145 | 4928 | 1 |
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