Warrick, Here is my formula for estimating gold production.
Production=Plant throughput (t) X Head Grade (g/t) X overall Recovery (%/100) X g to oz conversion (.035274) X 0.9 (error margin factor)
The table below compares PGI forecasts or actual production figures with the estimates from the formula. They are close; mostly within 1%. Note: Q2f (Q1r) means Q2 forecast from the Q1 report, etc
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 0 1 2 3
So I am happier with PGI forecasts now.
PGI Q3, Q4 forecasts, page-12
-
- There are more pages in this discussion • 131 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $5.114M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.102K | 314.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 47685896 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 29360892 | 25 |
View Market Depth
| Last trade - 13.05pm 08/08/2024 (20 minute delay) ? |
| AAU (ASX) Chart |