1) What makes you think that the higher grades .05% Reo would beneficiate at a lower rate ,160 to 1
and the lower grades .03% Reo ate a higher rate, 400 to 1
2) You still are not including recovery rates and have lower the stated output of the wetplant to make your calculations fit
My calcs have been very generous
1)ROM .04% , 33% higher than jorc
2) Higher mining rate, 18Mt
3) Very fair 80% recovery rate wet plant, as per presentaion Target combined wet & dry plant recoveries of >70% ( reasoning, wetplant 80% x dry plant 90% = 72%)
4) Output of wet plant 120,000 t @ Treo 8%-12%,let say 10%
Total output of wetplant should be 10,909 t Reo but when I calc
18Mt x .04% = 7200 t Treo x 80% recovery = 5760 t Treo
The maximum Treo contained in 120,000 wet plant output is 4.8% Reo
No where near 10%
Ausheds' right about getting clarification. I don't hold so no skin in the game for me
I just dislike like glossy presentations were the numbers don't stack
Even so CUX has had unprecedented results in first past benificiation with their wetplant. Achieving an increase of grade from .03% to 3.2% is at least 100 to 1, though Stoops I beleive 400 to 1 is pushing it
CUX Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
