Banca I.F.I.S Spa BNCIF

how long would it take to process the material

[newsimon1707]

The mill has a 500 tpd permit and I assume we will update it in order to reach that capacity...

let's say it's operational 5 days a week, 48 weeks a year... does this makes sens??

240 days X 500 tpd... gives us 120,000 tons per year...  we are looking at a 10 year production at least... without even spending money on drilling and probably expend the ressource...

That is fine for me... am I right?  Once again, what am I missing?

[Goldfather]

thanks Simon... great info.  Thatgs a lot of  work... much appreciated. .. Sorry i cant  comemnt on your  #'s. I just dont know the data. But  are your  recovery rates reasonable? I see  you have  93% ( i think)....  that  seems hi... maybe you have other  percentages, as i cant read  them/  Send  this  to Bruce, and

[newsimon1707]

I too the recovery rates and all the numbers I used form their IR presentation... I think you should call Bruce instead of writing....