Post by
PACO2 on Oct 18, 2024 10:38pm
I think that we will see the 400k
The plant has only run for a short time and the throughput has been far less than capacity.
We only ran at around 53% capacity .
Also recovery is low- only 80%- this will be improved dramatically as we fine tune - we should be able get to the 91+% design
Improvements in throughput and recovery will get us to the 400K.
GLTA humans
k
Comment by
Dominion on Oct 18, 2024 10:56pm
Hey, Paco, stick to making tacos at Burrito Boys. You sound stupid with your ignorance.
Comment by
billfox54 on Oct 19, 2024 12:38am
The projection in the greenstone tour handout is still for 390,000 oz for the first five years; only the rampup time has changed. Oh no, a delay during startup? The sky is falling!! I look forward to another update in a few weeks, with Q3. They could have done a better job of telling us what happened. I still expect to make a lot more money on this one.
Comment by
Gottheblues on Oct 20, 2024 5:37am
Added my position this week, EQX is a strong keeper, Greenstone is a tier one asset, not even close to fully valued. Investing in mining needs patience until the thesis is realized. EQX thesis is growth and high gold prices. Both are checked off. In a few months EQX will outperform the rest of the sector.