KAL 4.00% 2.6¢ kalgoorlie gold mining limited

so what does a mill cost..., page-26

  1. 52 Posts.
    Look at the grades guys. You need between 6 and 10 MTA plant, You then need to strip it down, relocate it refurbish and install it and then commission it. You need lots of site work and concrete (including substantial plinths etc,). You need infrastructure and a camp and offices. I am not down ramping as I hold 350k shares, I have also built a few of these plants in my time. The numbers quoted here are unrealistic and do not begin to reflect the shortage and high price of labour. In my view they will not get a suitable mill without significant cash raising unless they can access an existing processing plant with significant surplus capacity. There are cheaper alternatives however it means significant under recovery of the gold which at to days price will likely be unprofitable. Second hand plants neede all the same infrastructure and site works as new plants.
 
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