DEG 4.10% $1.40 de grey mining limited

Hi Wack, great post as always.  Figure the Tomra set up with...

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    Hi Wack, great post as always.  Figure the Tomra set up with needed equipment like compressors electrical generator  and what not would cost around $1.2 million to get calibrated and ready to go.  You have to dig up the conglomerates and haul to where you set the Tomra up and then crush it to say 6mm.  I'm sure you can lease a crusher for a reasonable price.  If Louden's grade is 4.3 gpt and the Tomra can recover 80%  of the gold then you'd need about 12,000 tons of Louden's ore to payoff the cost of the Tomra , crusher lease costs and dig up/trucking.  Using Novo numbers, the Tomra concentrate resulting from the 12,000 tons would weigh 55,000 kilos (2 dump truck loads).  It would be hauled to the Perth Mint for final processing.  I believe the Tomra that did Novo's ore can process 1800 tons per hour.  Hard to get people to see what a money maker Louden's could be.  No cyanide, no water, no large processing plant.  If they had the permits, the could mine Louden's and get enough money to build a plant without dilution or financing.
 
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