EAR 0.75% 33.3¢ echo resources limited

Ann: A$3.2 Million raised for the Julius Gold Project-EAR.AX, page-7

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  1. 13,575 Posts.
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    80c mate which will be 10 bagger for me.

    Its not hard to look ahead and see it happening. Julius is scratching the surface any more good results will just confirm it. The key as cdich1 posted is the laterite ore=cheaper costs...


    Cost of trucking is included in AISC, so its not a matter of whether the trucking cost will be worth it. Its a question of whether AISC will be worth it. IMO AISC for the starter pit (which will be mostly the laterite ore, probably as low as 2:1 stripping ratio) will be WELL UNDER $1K per oz, so very much worth it
    Last edited by shimmer: 21/05/16
 
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