SGQ 10.3% 3.2¢ st george mining limited

Hi Barry2018,My figures were not based on any drill down...

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    Hi Barry2018,

    My figures were not based on any drill down analysis of C1 and capex.

    I speculated that Stricklands will deliver 10000 tonnes with various credits and class 1 ni pricing and that the value would be approx A$25000 per tonne which throws up A$250,000,000.

    The low cost mining is the $64 question. also the cost of a small flotation plant for extraction of bi product metals. I don't know the answers. My speculation was that total costs would be circa A$70m.

    Until we know the Maiden JORC estimate for Stricklands and until we know how the ore will be treated and where, we can only speculate.

    Cheers
    M1
 
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