CMM 0.16% $6.43 capricorn metals ltd

Ann: Quarterly Activities and Cashflow Report, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,325 Posts.
    lightbulb Created with Sketch. 120
    This gives me confidence AISC will be close to $1000...50-75% gravity recovery is huge for the fresh ore. just means lower costs and better recovery, win-win. Grind size is also high, just means less energy and lower AISC as well.

    Cyanide is one of the highest reagent costs in the process plant, so the reduction in leaching time from 33 to 24 hours is good news also.

    Below is the prior gravity assumptions (scoping).

    The leach rates improved considerably in the Pre-Feasibility Study testwork with the addition of gravity recovery to the flowsheet, with the gravity gold component being measured at between 34-53% for the Fresh mineralisation and 19-62% for the oxide mineralisation. Physical testwork indicates bond work indices of 13kWh/t to 20KWh/t and low to moderate abrasion indices
 
watchlist Created with Sketch. Add CMM (ASX) to my watchlist
(20min delay)
Last
$6.43
Change
0.010(0.16%)
Mkt cap ! $2.397B
Open High Low Value Volume
$6.43 $6.55 $6.42 $531.6K 82.04K

Buyers (Bids)

No. Vol. Price($)
4 205 $6.43
 

Sellers (Offers)

Price($) Vol. No.
$6.44 2986 24
View Market Depth
Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
CMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.