BBX 0.00% 24.0¢ bbx minerals limited

Ann: Capital Raising Update and Consultant Appointment, page-8

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  1. 2,194 Posts.
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    Its such high grade, could BBX set up an ore sorter which scalps off anything below a certain metal content and send the ore out as concentrate. DSO gold and precious metal ore, that would be sexy.

    In this instance there would be no need for a full mill set up. A contractor with a semi fixed crushing plant could be set up, no upfront costs and crush for a per tonne value.
    With the ore sorter in front of the crushing plant unit costs could be kept very low.

    BBX have engaged the environmental permitting guy, why not rip out the super high grade material and get early cash flow.

    With the grades and metal content you would have to think serious cash flow would be achieved, also with very little start up costs.

    71c4
 
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