Post by
drunk@noon on Oct 27, 2024 8:05am
Given the 720 mill us, close to 1 billion cdn NPV @2600 oz
gold, that and the alledged quick build time and easy development of a open pit heap oxide heap leach operation, I have bought in. I am concerned about the costs of delivering water by truck up a mountain.
Is it a case that the operation recycles a lot of the required water, and thus the amount of water needed, is less than one would think?
I also wonder, if, 18 months from now, if they are prodcuing 90,000, 0z annualy, why they would wait years to expand the operation from 20,000 to 80.000 tpd----waiting for some kind of pipeline to bring desal water up the mountain. If the op costs are sub1300 with the trucking of water. Why wojuld you not expand from 20,000 to say 30,000 tpd, thus increasing cashflow etc 50%, as soon as possible instead of waiting years.