Hey all,
Just did some number crunching form the investor presentation.
Ok I think my calculation is exact, but please correct me if I am wrong!
980 ounces of gold dore produced from 60,000 tonnes throughputs..
1 ounce = 28.4 grams
980 oz x 28.4 grams = 27,832 grams produced from 60,000 tonnes throughput.
27,600 grams divide by 60,000 tonnes of ore = 0.46 gram for every tonne of ore through the mill.
If my calculations are correct it means recovery 0.46 g/t comparing with Adamus cost per ounce to produce is $544 at recovery of 1.89 g/t
IMO cost per ounce to produce would be in the order of $1000
During ramp up....
Like I said please correct me if I have these numbers wrong
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