GREY:VITFF - Post by User
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SeekingAuon Aug 25, 2019 1:30pm
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Post# 30063823
RE:RE:RE:RE:RE:RE:RE:Tempered Enthusiasm!
RE:RE:RE:RE:RE:RE:RE:Tempered Enthusiasm!idlefreebird wrote: Cpap739 , the numbers that I like the most here about Victoria and wich is better than Atlantic is the strip ratio...the norm for open pits are in the 7/1 ratio as 7 waste one ore ... Atlantic's projection was 1.34 / 1 ratio and that's one of the main reason they were leading the industry in lowest AISC of $650 u.s. an ounce ... now Victoria at a .95 /1 ratio is huge especialy at the tonages projected per anum...they will generate lot's of cash to pay off debt and suppot future drill programs...there's gold in them there hills Billy lol ...gltal
One big advantage from AGB was that they don't needed to run a camp and the ore was softer than expectet so that they could mill more of it in than calculated.