fitnfamWhile you DO have a personal grudge against A1 and...

  1. 10 Posts.
    fitnfam

    While you DO have a personal grudge against A1 and probably staff employed you also have a POOR UNDERSTANDING of economics. You could be JW's love child with that rant.

    Try this hypothetical, using round numbers as much as possible.

    Plant capacity per day - 1,000 t
    Gold price $1,300/oz

    If you can only feed wet supergene ore at 700t at 3.00g/t you have access to $87,771 of gold (no recovery applied)

    If you blend that supergene with 200t at 1.00g/t material you have acess to $96,298 of gold (no recovery applied)

    If by blending you manage to fill the plant with 800t at 3g/t and 200t of 1g/t you have access to $108,670 of gold.

    So, stand corrected - BLENDING WORKS if there is capacity in the plant. It also ensures the fixed costs of the operation are spread over the max number of tonnes.

    As far as using a bobcat to mine an orebody - layoff the illegal drugs, they are messing with your head. What is a bobcat going to load?? A 6 wheel truck?? You would then need to double the mythical 4g/t grade at Beta to make it pay a return.

    The sorry story of the company and the mine is ALL due to previous MD. Poorly planned and Poorly executed pure and simple. You can not make a turd shine!!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $20.60M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $9.767K 274.9K

Buyers (Bids)

No. Vol. Price($)
2 50029 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 450960 1
View Market Depth
Last trade - 15.14pm 29/07/2025 (20 minute delay) ?
AAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.