GREY:NEVDQ - Post by User
Comment by
nofluffon Mar 10, 2022 2:36pm
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Post# 34503942
RE:Patience
RE:PatienceIt would apear that the big selling below .70 is about done. To propel this above .80 will take production times head grade increase.
At 1% hg, would be 300 thousand cad per day if 2500 tpd reached. I think that would cover production costs and cap ex spending.
If that happened on next release, I think we jump over a cad buck.
When we get to mill capacity of 5000 tpd, ncu can mill all high grade while stock piling development ore and waste rock as hoisting capacity will b at 6500 tpd.
Ncu goes to 5.00 quick. My guess is that this should get there before year end.
nf