CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Wonawinta November Update , page-32

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  1. 1,484 Posts.
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    MD - "This is a start-up mine and the issues we are experiencing are not unusual for this type of operation. We are dealing with a new ore body without many parallels, and we are gaining knowledge through operatorship as we look to ramp-up to nameplate capacity of around
    800,000 tpa."

    800k tonnes of ore @ 80grams (avg) per tonne = 64,000,000grams (silver pa)

    64,000,000 / 28.35 (grams in an ounce) = 2,257,000 ounces

    I thought the company spruiks that Wonnawinta could do 2.5mil ounces pa? This is a little bit short.... of course they are well short at the moment.

    If my maths are wrong please correct me.
 
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