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That 25-50Kt a year is an extremely scaleable production rate as...

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  1. Midnight26
    4,791 Posts.
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    03/12/18
    15:14
    Post #: 36731540


    That 25-50Kt a year is an extremely scaleable production rate as well with no additional capex once they're up and running. 


    On top of that is the upside in the grade - they'll mine the highest grade ground first:


    25,000t @ 2oz/t = 50,000oz pa

    50,000t @ 5oz/t = 250,000oz pa

    100,000t @ 5oz/t = 500,000oz pa

    BBX Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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