"Traditionally a 2g/t for surface and 6g/t for underground Mines of average size aka 300,000t/yr."
So you agree that HR figure of 10g/t was just his opinion based on zilch.
"And A1 might say that 4g/t is break even but at what annual tonnes and what cost per tonne and why have they been in such economic trouble and raising money etc. And you certainly will point to their Maldon ops but go ahead and then we will have that discussion too."
Its not what they say, it is what can be verified in their announcements on head grade and cash flows.
"The mineralised areas in these dykes are all different. RoD is very different to MStar and more similar to A1 but then some areas in A1 are more similar to MStar."
We are discussing RoD ATM...
AUL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held