VTX vertex minerals limited

Production potential

  1. 1,568 Posts.
    lightbulb Created with Sketch. 148
    Whilst I realise we are starting production with the lower grade tailings, once we are into the proper ore I'm wondering what production figures will look like. 25k oz per annum looks extremely conservative.

    My thoughts: We have an ore sorter than will increase feed-grade by about 3.5x, and our ore is at around 9g/t?
    So for every 3.5 tons we get 1 ton of feed @ 1oz/ton post-sorter.
    Sorter is rated at 100 ton/hr (running at 70t/hour initially) so has potential to produce 28.5 (100/3.5) ounces per hour.

    Starting at a mere 40-hour week schedule, that's 1,140 ounces (28.5 x 40) per week.
    x 50 weeks is 57,000 ounces per annum.

    The plant itself is rated at 110k tons per annum, so if mine site hours increased to 80 hours a week OR we brought in a 2nd sorter, ($2M?) the plant could handle 2000 tons a week = 100,000 ounces.

    Has anyone spoken to Roger regarding what the production target is in 6-12 months time.
    I know he said the pfs was outdated and I think he said it was being updated soon. I wonder if new production targets will be part of it?

    Anyone (Wack?) in contact with Roger that has discussed this?

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $60.48M
Open High Low Value Volume
23.5¢ 25.0¢ 23.5¢ $273.9K 1.128M

Buyers (Bids)

No. Vol. Price($)
3 151545 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 158323 3
View Market Depth
Last trade - 16.10pm 29/08/2025 (20 minute delay) ?
VTX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.