OGX 0.00% 0.3¢ orinoco gold limited

G'Day OZ Would you continually feed 1.7 g p/t as feed to a low...

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    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
    Last edited by Saltiga62: 08/07/18
 
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