GREY:VITFF - Post by User
Post by
HuskySWon Jul 12, 2024 10:58pm
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Post# 36131332
Robert i agree
Robert i agreeWill this go to 7$ or its former glory. They've lost a lot of inventory not just in the gulch. And recovery of whats left on the hlp in phass 1 might be toast also. Let the processing consultants report. Even if it goes to only 4 (my trading platform #) its better than 0.
VG may recover partly if engineering gets something together to get IT working again. Everyone is focuSing on a Fully broken heap, maybe partial processing and then flotation. The whole mine was say 500m and 150m in fees. Now ppl here are saying a solution is immpossible and not worth it. If ppl are in at 8 anything say 4 is at least some recovery.
If VG declares EoL its like what .002 class action only works if there money, but there is no $ other stuff is already collateral.
So what was the heap original cost take the heap tonnage and convert to m3 x by $ per m3. Bet ppl get close. Minus out all other costs and check for resonables. ... add say a guesstimate of 50 m to 100m to stabilize...
Anything is better that C 11. That sets of a whole lot of bad stuff for inveztors and ceditors in a big hurry. And shorters are not going to escape.
Best
Ive got some numbers but want to see where my number stands based on VG calc's.
Ps The mountains still there...