OGX 0.00% 0.3¢ orinoco gold limited

Ann: Suspension Update, page-10

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  1. 2,451 Posts.
    lightbulb Created with Sketch. 848
    Not sure that I follow you regarding the reported 80% recovery. If RR is reporting 80% recovery into the cons then
    that's it, the balance 20% would be in the tails.

    Yes OldeFella-Reported to up to 80% Recovery as Concentrate so say its 77% its still a bit ambiguous, so you
    would still have 30% or there about returning to tailings, a lot better than the approx 60% .
    Any way the numbers will do the talking tomorrow, imo should there be a healthy margin to re process & utilize
    the tailing supply as an additional feed supply then all good, better to generate revenue than face further dilution
    if capital is required in the future, even if tailing recovery means its not ideal -as long as its cash flow positive to
    process the tailing with a healthy margin .
    Guess we will find out tomorrow.
    salt
    Last edited by Saltiga62: 28/03/19
 
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