Agree, I did some quick numbers on DeGrussa last year and mine life was not very good.
See updated one below:
DeGrussa Copper-Gold Mine Total - Ore Reserve and Mineral Resource as at 31 December 2017 is 8.5 Mt.
Assuming:
1. - 1.6 Mt for this year production (2018)
2. a like for like ore grade
3. and a static 1.6 Mtpa capacity output
4. 20% discounting just in case
We have ((8.5-1.6)/1.6)-20% = 3.45 years left in DeGrussa if we don't find anymore
Agree, I did some quick numbers on DeGrussa last year and mine...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.18 |
Change
-0.090(0.88%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.35 | $10.16 | $1.978M | 193.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1112 | $10.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.18 | 621 | 13 |
View Market Depth
| Last trade - 12.59pm 25/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
