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Why Gold Could Go Hyperbolic, page-8

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    With a mix of ore from Clonbinane & Wandean plus fines from the HL Pad, NAGs could produce 20,000 oz of Gold pa (comfortably imo).

    Clonbinane costs would be less than $600/oz (including transport) because grades are HIGH at around 2.5g/T. Wandean grades are good but less at around 1.5g/T - with costs of around $600-$650 oz. Still net profit of $1,000/oz at current Gold Price. This is all based on figures by Peter Ardens when he did his Analysis a couple of years ago.

    So 20,000 oz pa would be a profit of $20m pa or 4-5c/ share in profits. What's the wait - clearing the HLP sufficient to take the ore (partial would do).
    Last edited by JetBlue: 20/02/18
 
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