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4,791 Posts.
385
24/02/18
17:03
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Same old, same old....
"think about the money involved to test and mine such an unusual mineralised system"
"The Group expects to generate cash from trial mining which is expected to commence in February-March 2018"
Pilot plant revenue @ :-
- 1tpd at 5oz/t (conservative) = $US6,650/day, $US146,300/month (22 working day per month);
- 1tpd at 10oz/t (realistic) = $US13,300/day, $US292,600/month;
- 2tpd at 10oz/t (progressive target, maybe by May-June) = $US26,600/day; $US585,200/month.
That will easily cover any costs that crop up for BBX including processing, drilling, wages, building a bigger plant, etc.
"the information remains sketchy and hard to digest in relation to any other conventional project I’ve ever come across"
Because it isn't a conventional project. Unbelievable! I feel like I'm trapped in a zombie movie: Return of the Living Braindead.
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