G'Day OZ
Would you continually feed 1.7 g p/t as feed to a low through-put gravity
plant ?
Especially given the cash reserves ATT-taking into account even at
.05 grams going to tails represents 30% loss-Hence your not even close
to meeting you cost base- AISC.
-Obviously imo its not economically viable or justifiable to do so especially
for a prolonged period .
Do you think its more or less likely a higher than reported grade was actually
being supplied to the gravity plant ?
After all- this went on four 4 x months ! putting OGX into an economic
death spiral-thus the share price ATT.
Of coarse in the initial stage of commissioning -low grade development ore
would be utilised -remember & take into account this was the second start
up-not the initial commissioning period-hence much in the way of evaluation
had taken place .
Have you researched any of those involved & their track record ?
Re-Smoke on the water !
Do you think some- Possibly Directors ATT -became very concerned when
recovery did not increases when much higher grades where supplied to
the gravity plant?
Do you think these same individuals may have been that concerned ,
it resulted in a BOD spill ?
Where do you think on the basis of logic the higher grades ended up ?
Does it resonate that the incoming BOD-MGT team immediately set about
sampling of tailings so early in their rolls as managers .
Just a couple of thoughts & considerations -OZ
salt
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