SBL 0.00% 0.1¢ signature metals limited

I don't think there is anything wrong with your maths mate, but...

  1. 77 Posts.
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    I don't think there is anything wrong with your maths mate, but you did forget the 650 oz in the circuit.

    It doesn't double your calcs, but it brings it closer to the 0.8g/t range.

    Considering the low grade of the tailings this is some pretty good recovery.

    At $1700 an ounce currently it makes us look good I reckon. We're probably looking at around $1000 per ounce profit at around 25 ounces a day.

    Just another opinion - don't go putting the house on this. Though I'm fairly sure this stock will buy my retirement.
 
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