EXPM:HRTFF - Post by User
Comment by
MudCreekeron Dec 24, 2021 12:09am
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Post# 34260074
RE:RE:Ore’s worth
RE:RE:Ore’s worthbufordpusser wrote: The problem fred is finding a legitimate document. There is this https://minedocs.com/21/Sugar_Zone_Expansion_FS_01012021.pdf from which you could refer to page 70.
I don't believe there are no mineral reserves, only resources so not much information really to base a plan on beyond several months but I am no expert.
Actually, in that document. on page 208, table 15-3 shows Probable Reserves of 797k oz Dec 31 2020.. No Proven Reserves, apparently because the drill holes it's based on are too far apart.
Subtract what they have mined since, what are 750k oz of reserves worth? Add the value of the infrastructure (plant, tailings facility, etc.). Call Apian's accountants because they've already done the math.