PRX 0.00% 0.2¢ prodigy gold nl

yep and again posted in wrong thread , sorry for duplicated post...

  1. 2,475 Posts.
    lightbulb Created with Sketch. 855
    yep and again posted in wrong thread , sorry for duplicated post
    RE : COMMISSIONING TIME FRAMES
    update 14/05/2015
    Stockpiling of gold‐bearing quartz has continued on site at Old Pirate. The aim is to have 10,000 tonnes

    stockpiled and ready for haulage during May. It is intended that the initial 10,000 tonnes will comprise
    both low‐grade "COMMISSIONING MATERIAL" (estimated at 3 to 10g/t gold) and high‐grade material at
    >10g/t gold

    UPDATE 15 MAY 2015
    Commissioning anticipated to commence before the end of May
    The Coyote
    Gold Processing Plant will be operated on a campaign basis with a throughput of ~600 tonnes per
    day. The circuit consists of primary and secondary crusher, ball mill, two Knelson gravity gold
    concentrators, an Acacia intensive leach reactor, carbon-in-pulp leach tanks and a gold elution​
    circuit. Based on previous metallurgical test work ABM expects to recover ~97% of the gold


    lets say they commenced commissioning before end of may
    Its only the 2 nd of june !!!!!!!!!!!!
    600 t per day divided into 10,000t =17 day's , then recover and process gold further day's added!!!
    This is also not allowing for any temporary shut downs and plant tuning , this is what you do within the commissioning process so as to be able to understand the plants capabilities and de risk ,so that when fully fledged production starts you can ramp up production WITH OUT UNINTENDED SHUT DOWNS .
    Take some chill pills ,and lets be realistic with commissioning time frame and market update expectations .
    salt
    0
    Report Quick reply Reply with quote
 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.