significant sulphides, page-8

  1. 500 Posts.
    I'm not so sure Biggle.

    You've said 100kg of concentrate per 100 tonnes of feedstock, which again is the same as 1kg of concentrate per 1 tonne of feedstock.
    So 30,000 tonnes of feedstock = 30,000kg of concentrate, not 3,000kg of concentrate.
    So you can multiply the rest of your equation x 10.

    They should be able to process 120k tonnes in 240 working days at 50tpd, so that's a full year's production.
    So does that mean $36M at $700 per ounce? Depends on the recovery rate from the concentrate I suppose.

    It's far too late for this here in NZ. We'll let the market tell us tomorrow how right or wrong we are.
    Good luck.
 
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.