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32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-226

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aurifice

563 Posts.

65

24/02/19

17:50

Post #: 37547948
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Originally posted by zero2a$mill: ↑

@fakeshark

You've been telling everyone how my calcs are wrong,

and that you're a "numbers" man.

Well you've had every opportunity to throw up some numbers

and prove where I'm wrong and you're right. Can't do it?

I'm beginning to think you don't know how to work out

how many gpt need to be processed/recovered, to be sold for $2.1 mill. per qtr.

AUL have posted proposed costs per qtr, although I think that costs

are higher than their expectations.

AUL have posted how many tonnes per day they expect to process,

but I doubt they have allowed for maintenance and repairs.

AUL have posted, how many days per qtr, in the short term,

processing will take place.

Based on that information, we don't need to be a master mathematician

to work out how many gpt would need to be processed.

Expand

Zero
Certain posters have no idea of the mining industry - exploration, development, mining, milling and the related economics. Let it go and the results will speak for themselves. It’s actally quite embarrassing reading some of the posts.

AUL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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