re: Ann: Goongarrie Lady Scoping Study Indica... Yeah I get 3.6mil, weird.
61,000t * 2.86g/t = 174,460 @ 94%recovery = 163,992 grams
163,992 grams = 5,272 troy ounces.
$5,272 oz * $790 p/oz profit = $4.1mil
Unsure whether cash costs incl the $0.5mil WC, if they don't then profit = $3.6mil ?
Whats the certainty of the grade?