AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-217

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  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    You're just too clever for me. I do have an 'agenda' here.

    It's to try and make people here see 6" in front of their face,

    and work out what grades need to go through the plant,

    to earn around $2 mill. per qtr.

    You don't believe me, crawl out of the wood work to ATTEMPT

    to discredit my figures. Lets see yours then ???????

    If cash outflow is $2.1 mill per qtr, (might even be more next qtr),

    and they only process 85tpd every second week, how many tonnes do they process?

    How many grams of gold equal $2 mill?

    Not hard to work out how many gpt has to go through the plant.

    You don't have to believe me, even though I've done the calcs for

    any of those here that are mathematically challenged.

    Why don't you work it out, as you obviously think I can't.

    I'll tune in for your response, required gpt to just cover qtrly expenses,

    let alone turn a profit.

    Small wager? ?

    It's a LOT more than 4.5 gpt.

    "
    going to take lots of good news.."

    Yep, that they're mining close to 20 gpt dirt.
 
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