HAO 0.00% 23.0¢ haoma mining nl

CORRECTION: I read it as .3 g per ton and not 3 g per ton. So...

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    CORRECTION:

    I read it as .3 g per ton and not 3 g per ton.

    So that makes it 17oz per a daily rate of 175 tons.

    Also, the grades are quiet good, in my humble opinion, as some of Australia's most successful mines, like Regis, operate on half the 1.3 g /ton that is shown here and which is expected to end up at 3g / ton.

    It all depends on the cost of mining taking into account such things a strip ratio, distance to the plant and how bloody hard the ground is.

    The report seems upbeat and that is what is most important.

    Lockitt
    Last edited by lockitt: 14/09/20
 
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