We also need an assumed processing cost ($/T) and gold extraction rate (percentage of total gold). You can email me if you want. Dalgaranga probably needs modification for Rothesay ores (as likely would any other plant) which adds to the processing cost and becomes a negotiating issue as to who meets the up-front cost, especially so in the case of GCY. Purchase of an existing idle / lightly used plant nearby worth exploring. A survey of adjacent plants with ore processing characteristics and capacity is called for in the first instance. This is not an off-the-cuff exercise but a serious study over months with lab tests as well as commercial negotiations. Smaller output mines such as Rothesay are usually better suited to production of a concentrate which requires a lesser level and cost of processing. I think Deflector began this way, if it still does not.
I suspect experienced mining executives are giggling at all of this.
EGA Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
