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Bullboard - Stock Discussion Forum St Andrew Goldfields Ord STADF

OTCPK:STADF - Post Discussion

St Andrew Goldfields Ord > RE:RE:RE:Howcome
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Post by cre8value on Feb 19, 2015 5:16am

RE:RE:RE:Howcome

curve- The current plan is to process the Taylor ore at the Holt mill. Holt has 3000 tpd capacity. Franco makes less royalty from the Taylor ore. If they could ramp up Taylor ore to 3000 tpd then Franco would make much, much less and St. Andrews would be one of the best cash flow/all in costs companies on the market. It takes time to ramp Taylor production so that won't happen over night but I think you see where this could be going.
Comment by TedOwens on Feb 19, 2015 7:21am
Taylor is still a long way off from producing ore and has many more hurdles to jump before it will make an appreciable difference for shareholders.......Until St Andrew can produce at least 250,000 annually it will remain relatively close to where it is now......
Comment by jollynik6 on Feb 19, 2015 8:39am
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Comment by TedOwens on Feb 19, 2015 8:53am
Good point jollynik6...... Farquharson resigning could be reasonably viewed as being beneficial to St. Andrew on numerous fronts for reasons which will be presented here later on........
Comment by Curvature on Feb 19, 2015 9:00am
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Comment by Curvature on Feb 19, 2015 8:43am
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Comment by TedOwens on Feb 19, 2015 9:03am
Yes......The increased percentage of lower royalty strangulation ore being sourced for mill throughput annually would be beneficial to the companies bottom line profitability....In other words, the faster that Taylor ramps up for the purposes of maxing out the 3000 ton per day mill capacity, the more it can be used to offset the higher royalty holt-Holloway feed........This of course will only ...more  
Comment by londry on Feb 19, 2015 4:47pm
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Comment by jollynik6 on Feb 19, 2015 5:15pm
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Comment by TedOwens on Feb 20, 2015 7:16am
Taylor is a major deposit in the making and with further drilling expansion outside of the current deposit model has the capacity to come into the position of the flagship resource source for the company. Taylor is a very high grade system and could produce the same gold as Holt - Holloway with half the throughput and considering that there is a lot of room for further regional exploratory ...more  
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