Post by
longagau2 on Jun 14, 2022 10:56am
3.2g/t
With 90 percent recovery, at 40k ton per month (typical past performance), 3.2g/t ore produces roughly 40k ounces per year. Also, the costs are relatively the same whether 5g/t ore is going through or 1g/t ore is going through. Of course, costs will be up now compared to a year ago due to increased fuel prices and inflation. 2H 2022 could be great for Signal. Let's hope we see Tornado's 4g/t!
Comment by
MAKEITBACK on Jun 14, 2022 12:26pm
Correct me if I am wrong, but would this not be doubling our previous best year output? If so, I would expect a healthy recovery of the stock price.
Comment by
longagau2 on Jun 14, 2022 12:44pm
yes it would but costs are up and who knows how long 3g/ t will last. Plus 1H 2022 was not good for production. 2H 2022 and 2023 could be good if grades keep up.