Australia's largest stock trading and investment forum Australia's #1 stock forum

AUL

Click for more information

7.25%

32.0¢ austar gold limited

Close to 20 gpt (average) needed for profitable production.

First 214 Last

Share
Profile

Follow
zero2a$mill

16,136 Posts.

53

23/02/19

22:37

Post #: 37544331
Share

Originally posted by zero2a$mill ↑

4.5 gpt, even at 100% recovery, and 100% purity, both of which are IMPOSSIBLE,

at 85 tpd, WON'T pay the qtrly bills.

Not one person has ANY IDEA of the grades that will go through

the plant, each and every day.

We know how much qtrly expenses are, doing the maths

will give minimum grades needed, at 85 tpd.

Bound to be breakdowns as well.

Each FULL day the plant isn't running, for whatever reason,

is 2% loss of production per qtr.

Close to 20 gpt (average)

Expand

Close to 20 gpt (average) needed for profitable production.

AUL Price at posting: 0.5¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

AXP

Tambourah chases gold veins and mineralisation extension with drilling

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 50 more messages in this thread...

First 214 Last

Add AUL (ASX) to my watchlist

SPONSORED BY