C7A 10.0% 0.9¢ clara resources australia ltd

Taronga, page-67

  1. 15,094 Posts.
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    I think the thing is, apart from the sample batch that had the gold in it, we haven't actually processed any actual quantities... by now we have but not announced as it was only ramping up this quarter.

    Way i see it, either the gold was a bust or they had to set up the tin process first and then focus on the gold. Who knows, that's why I wrote them an email. Happy for them to say that it's not practical, or it was an anomaly but would still like to know definitively. Alternatively, there may just be a nice surprise in a future, tin with gold credits.

    However, if you factor in a possible gold credit of 42g/t at 550 tons pa, thats roughly a 1.3 million dollars per year over and above the tin @ 1600 AUD per ounce..... its definitely worth asking management if this is still a goer...

    I get you don't want me to go chasing rainbows but its boring waiting
 
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