OXR oxiana limited

re: to be hit by double whammy today? I did mention the low gold...

  1. stolwyk
    22,691 Posts.
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    10/06/04
    10:25
    Post #: 486742
    re: to be hit by double whammy today? I did mention the low gold production cost in LAOS of gold: $US135 per ounce.

    Here is an old Announcement on Kanong Copper:
    http://stocknessmonster.com/news-item?S=OXR&E=ASX&N=217952

    Extract:
    "Project Economics Estimated cash costs at Khanong are highly competitive at US37¢/lb copper".

    First year's production: 60,000 tonnes of copper. This should be expanded the following year with ore to come from Thenkham IMHO (3 deposits have been located along 4 km).

    Thenkham is 7 km from the Khanong Copper plant; it will use the Thenkham ore as well.

    Gerry
    OXR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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