SFR 4.59% $8.89 sandfire resources limited

Talk Ya book- Michael McNeilly Metal Tiger re Sandfire, page-5

  1. 80 Posts.
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    I was listening to another quarterly webcast and management were talking about a possible degrussa gold operation. There's actually about 7 million tonnes at 1g/t gold in tailings for 225,000 ounces and it would be possible to process 1 million tonnes of the tailings per year (30k ounces/year). If they could use 600k tonnes/year of the mills crushing capacity to process the old highway gold at 3g/t, that's another 60k/ounces per year.

    then they would have a spare 1 million tonnes of crushing capacity to process some small copper deposits if they find any. I think a hypothetical copper deposit would have to be at least 3million tonnes at 2% for it to be economic to process. I wonder if they are able to shut down some of the flotation plant to make it a smaller more economic operation..

    All hypothetical.
 
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