GCY 1.82% 54.0¢ gascoyne resources limited

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  1. 23,765 Posts.
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    "GCY is oxide ore with recovery at approx 96% therefore much lower AISC. "

    Think if you read the resource statement most of GCY's ore is sulphide (fresh ore ) . up to now they would have been mainly mining oxide ore but that will be changing now as they concentrate on the big pit , where most of the oxide ore would have been previously mined apart from what will be in the cut backs .

    Be interesting to see how the recoveries go with the sulphide ore my guess is they will be ok
 
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Currently unlisted public company.

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