I'm calculating about $8m is left to be extracted from the open pit after this last campaign just now at current prices. Back calculation from tonnes, grade, recovery and refining. Less costs for milling transport and mining. Question is how much debt are they still carrying. I suppose by the time we get a quarterly update to find out the mining will be finished and last campaign completed in any case ? A guy that works for them said BlueCap just bought a half million ounce project somewhere and has other mines as well. Anyone know how we buy shares in those guys? They are probably the only ones that have made money out of this project as we sit here treading water at 1.7cents !!!
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I'm calculating about $8m is left to be extracted from the open...
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