BBX (ASX) drill results

Originally posted by AndyIgo ↑

Hi Midnight26 and all,

Thanks for posting the article it was interesting.

I just made post on the Silver thread in answer to AJ and thought you may also be interested. I was wondering if we had any Rhodium contaminating our Gold and Silver samples?

Hi AverageJoe and all,

It looks like there may be some dodgy numbers in that Russian Gold article as Infose has suggested on the Gold thread, however, I didn’t write the story.

I agree some of these other precious metals can be very interesting a few years back the Rhodium price produced an eye watering chart. I only know about the metal from a user in the UK they use it to electro-plate things like reflectors for light-house lights and such like.

This recent Kitco chart looks impressive enough; however, look at the price back around 2008-09 on the second link. I wouldn’t know how to trade Rhodium or if it’s even possible but any one holding a quantity during the GFC certainly had plenty of quality protection.

http://www.kitco.com/charts/rhodium.html

https://tradingeconomics.com/commodity/rhodium

I just hope my Brazilian explorer can extract all the other metals currently contaminating the Gold and Silver in the samples.
Cheers and very best regards: Andy

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Bloody hell, look at that chart! $600 --> $10,000 an ounce!

I'm pretty sure the Rh grades will be too low to worry about unless it heads back to $10,000/oz.

The gold is the most valuable precious metal per tonne of BBX ore so extracting anything else that drops the gold recovery too much will be regarded as deleterious.

The boys are working hard to get the maximum $/tonne and will be tweaking the pilot plant continuously over the coming months so they know what circuits they need to build for the production plant.

If precious metal\PGM prices change significantly they can always modify the plant, but right now the gold's where the big money is, although the other precious metals will contribute to big profits with the Pt-Pd-Ag going ~1-3oz AuEq/t.

Bloody hell, look at that chart! $600 --> $10,000 an ounce!...