TIE tietto minerals limited

I think with the current high gold price the company will defer...

  1. 1,405 Posts.
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    I think with the current high gold price the company will defer the heap leach in favour of trucking from the APG pit (as forewarned in the CG research report and mentioned by Matt Wilcox btw 1:25 to 1:26 of the 3rd RIU sessions):
    https://hotcopper.com.au/data/attachments/6023/6023823-10d0f9b01628f7b7a2aab16cb4e8bd19.jpg
    Furthermore reinforced by the commentary below about expansion funding to increase throughput to accommodate
    https://hotcopper.com.au/data/attachments/6023/6023834-f9f6d6a3bbb8e336953773b691f55fb8.jpgI agree Plext, if the gold price hits $2,300 you hedge the first 1-2yrs feed from the APG pit to self fund the APG in 2025....
 
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Currently unlisted public company.

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