RE:I dont supposeI think they still don't realize the money they invested is all gone. You can't cure stupidity Lol
BuccoRoo wrote: Any of the wags read the n43-101 or would understand it anyway if they did:
Yr 1 Mined grade 1.98 headgrade 2.06 strip 4.39
Yr 2 mined grade 1.63 head grade 2.05 strip 8.03
Yr 3 mined 1.87 head 2.01 strip 8.64
Yr 4 mined 2.35 head 2.21 strip10.31
Yr 5 mined 2.53 head 2.54 strip 11.56
Yr 6 mined 3.15 head 2.55 10.84
Yr 7 no mining head 1.09 low grade i assume
In yrs 1, 2, 3, 5 they estimated headgrade above mined grade..er? .
Yr 4 slightly below and 6 lower.
So they estimated basically no real dilution. Yet dilution in oxides we know is 40% and in fresh it will be higher.
Also look at the strip ratio increase in fresh compared to yr 1 which was oxides. So much higher mining costs in fresh to remove much more waste.
They need to bring in JimBowie.
Bucc Roo