PLA
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0.00% 6.7¢ platinum australia limited

Ann: Quarterly Activities and Cashflow Reports , page-5

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  1. Hotfire
    17,783 Posts.
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    30/04/12
    17:56
    Post #: 10110446
    re: Ann: Quarterly Activities and Cashflow Re...
    mmmmgus

    There is obviously calculation discrepancy that i cannot work out.

    Tonnes Milled 83629
    head grade 3.6
    Recovery 79.2%
    7,404

    Using the following calculations
    83269 x 3.6 = 299768gms x 0.0353gms to the ounce = 10582
    10582 x 79.2% = 8,381

    Where is the variance?
    PLA Price at posting: 12.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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