BKT 2.86% 3.4¢ black rock mining limited

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  1. 1,081 Posts.
    lightbulb Created with Sketch. 43
    Had a closer look, scoping study was off Mahenge not Epanko. Apologies to the scoffing long termers

    The higher head grade is good, but a strip ratio of 1.3:1 means they might only see up to US$70ish per tonne lower mining costs than MNS ($202 per tonne from memory). I want to know if this is offset by higher processing costs which will only be transparent in the PFS

    Deposit is at altitude so oxide zones do not appear to be an issue. Looking good so far, might jump in if I see an opportunity to free up some cash in the near future. Cheers
 
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