AXM 0.00% 1.1¢ apex minerals nl

production costs, page-8

  1. 4,326 Posts.
    yeah but they have hits up to 148g/t and from what i see the gold is very concentrated and nuggety and easy to extract.

    just reading a broker report and they state that there is 120k ounces at 5.5g/t however in that there is 70k ounce underground resource is 18.8g/t, that makes a BIG difference.

    AXM ore is mainly refractory and requires the biox process. That add's $$.


    look in all seriousness its quite possible that AXM may get costs down to $500 however imo that a long term stance.

    regards
    Davo
 
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