BBX 0.00% 24.0¢ bbx minerals limited

I was closer to the mark the first time. We're limited to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,791 Posts.
    lightbulb Created with Sketch. 385
    I was closer to the mark the first time.

    We're limited to 100,000tpa during the trial mining period which is:
    100,000tpa
    x 100% (Mineralised Tonnage factor = 100% because we are applying mine mine 100,000t of ore, so by definition, any waste we mine isn't included in the 100,000t allowance)
    x ?2oz (recovered gold/tonne: Staying conservative here)
    = 200Koz pa gold plus ~200Koz Au equivalents from included Pt-Pd-Ag-Rh-Re-Os-Ir

    When the drilling comes in we'll also have a much better handle on the grade which is a long way north of 2oz/t hopefully.
 
watchlist Created with Sketch. Add BBX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.