GREY:NMKEF - Post by User
Comment by
Porksausageon Aug 16, 2016 1:24pm
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Post# 25146629
RE:RE:RE:RE:Is this the game-changing news expected in mid-september?
RE:RE:RE:RE:Is this the game-changing news expected in mid-september?
I may not be long in the tooth in the investing world , but mining and specifically milling and flotation I am an old hand at. I suspect that the increase is just plain old good mining practice brought to the table by their new Operations guru Mr. Godin who brings much mining expertise and experience into the operation. The bottom line in mining is running your equipment with as much throughput as is possible with as little down time as possible. That's how money is made. It does not make financial sense to have expensive equipment sitting idle. Throughput is not fixed ! It is dependant on several factors including but not limited to Hardness of material being milled Equipment type and configuration (mills ,cyclones, flotation cells ect) Target grind size to maximize recovery I am confident Mr Godin would have looked carefully at the material being mined and the equipment being made available ( along with recommendations) in collaboration with metalurgists and provided the company with a realistic and revised idea of what kind of though put the company could expect to achieve. Still good news though. The economies of scale would still apply.