AMI 2.70% 19.0¢ aurelia metals limited

Revenues were that low mostyl because they chose to process ore...

  1. 1,239 Posts.
    Revenues were that low mostyl because they chose to process ore that had little gold etc content in order not to waste the good stuff while getting recovery grades up. Recovery numbers (%) and throughput for this quarter were much higher, and they were therefore free to use better ore, too ... That's the one advantage of the "operational freedom" due to the 4 mining stopes that gets praised in the presentations all the time ...

    Edit: Also. outgoings this quarter depend much on the amoun of drilling done. Since we have been waiting for the results of 2 DHEMs (Beyond and Hebe) all the time, there should have been less drilling than initially planned ...
    Last edited by mtm100: 26/06/15
 
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