GMD 3.70% $2.52 genesis minerals limited

Paulsens again. 500k oz over 400m (vertical) = 1250 oz per VM....

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. 7,325 Posts.
    lightbulb Created with Sketch. 120
    Paulsens again. 500k oz over 400m (vertical) = 1250 oz per VM. Around 70k oz production p.a.

    GMD - Say 350m below open pits (400m total) @ 1750 = 612.5k oz to 400m. x say 90% recovery = 550k oz produced.

    at 550m vertical depth, that becomes 787k oz produced.

    That is the scale we are talking. 550m vertical is not deep...

    Screen Shot 2018-02-21 at 1.41.57 pm.png
 
watchlist Created with Sketch. Add GMD (ASX) to my watchlist
(20min delay)
Last
$2.52
Change
0.090(3.70%)
Mkt cap ! $2.392B
Open High Low Value Volume
$2.51 $2.56 $2.51 $6.419M 2.542M

Buyers (Bids)

No. Vol. Price($)
4 31792 $2.51
 

Sellers (Offers)

Price($) Vol. No.
$2.53 26593 4
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
GMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.