CUX 0.00% 0.6¢ crossland strategic metals ltd

anyone worked out costs?, page-6

  1. 649 Posts.
    Hi Stoops

    Commonsense tells me that it is more likely the .03% ore upgrades to 8% after the wet plant and the .05% ore upgrades to 12%

    Still leaves me in doubt how 12-18Mt of ore at
    ROM =0.05%-0.03% Treo could ever be contained in
    ~120,000 tpa


    CHARLEY CREEK jorc is Treo at 292 ppm (.0292%)

    They must be cherry picking the resource to have a
    ROM =0.05%-0.03% Treo

    If you have an average ROM of .04% and a 80% recovery


    12Mt x .04% = 4800 t Treo x 80% recovery = 3840 t Treo

    18Mt x .04% = 7200 t Treo x 80% recovery = 5760 t Treo


    The maximum Treo contained in 120,000 wet plant output
    is between 3.2% and 4.8%











 
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