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Elgin Mining Inc ELGMF

Metals & Mining Gold


GREY:ELGMF - Post by User

Elgin Mining Inc
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Post by HonestAbeon May 29, 2012 1:15pm
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Post# 19956816

More Lupin Details

More Lupin Details

In their latest presentation they now announce some more numbers regarding Lupin restart.

 

 

Previous owner in an older 2008 study estimated capex of $50M.  Expected restart at 1000tpd for 80K+ ounces at $750-850/oz resulting in under one year payback of capital at current gold price.
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