OGX 0.00% 0.3¢ orinoco gold limited

Predictions, Figures & Chances of Surviving, page-47

  1. 3,142 Posts.
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    Based on my sums these 3 smaller 400 kg’s and the HM1 will produce up to around the 230 ounces for the month, (65g for each 400kg HM and 35g for the smaller HM) so these HMs by themselves defo won’t cut it.
    But OGX are still going to be processing’s their lower grade ore and tailings through the HM3 & Gekko circuit. And expecting it to hit 3000 tonnes a month. Getting that running at a decent level is the key driver to hit the short term target of 1000 ounces.
    Even if they can just get that circuit up to 2000 tonnes, if they can get the grades and recoveries up to even just a basic level they will hit that 1000 ounce target.

    PS I think you used 28.35grams for your ounce calcs. Gold is measured in Troy ounces, which is a little more.. 31.10grams

 
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