TVI Pacific Inc V.TVI

Tonnes per day

[Bloojay1111]

Initial Target for TPD (tonnes per day) at Balabag was 2000. In the latest news release a TPD of 3500 was achieved and is now the benchmark going forward. 

Based on the extra throughput of 1500 TPD The increase Gold/Silver recovery's are the following. 

1500 TPD x 1.81 gt gold = 2715 grams
2715 divided by 28.35 (grams per ounce) = to 97 extra ounces of gold per day. 

1500 TPD x 68 gt silver = 102000 grams 
102000 divided by 28.35 = 3958 ounces. 

97 ounces of gold x 2000 $ = 194000$

3958 ounces of silver x 24 $ = 95000$ 

total of 289000$ extra every day. 

good luck to all

Cheers
Bloojqy

[Bloojay1111]

Correction  Gold per tonne is 1.91 grams x 1500 / 28.35 = 101 ounces. With a recovery rate of 88% this would come out to 89 ounces per day * 2000$ = 178000$ per day Silver per tonne is 69 grams x 1500 / 28.35 = 3650 ounces. With a recovery rate of 69% this would come out to 2520 ounces per day * 24$ = 75000$ total TPD would be an extra 250000$ gross Pretty Impressive 

[JimmyVus]

We should be able to go into the ipo with no debt then. Don't you think? I'm hoping we hear an update on reserves for both Balabag and Siana before the ipo as well. 

[blackbird]

I believe if we can stay away from a reverse stock split  or  a buyout attempt by TVRID  before TVRID's listing ,then TVI's shareholders can do very well.So far all news out of TVRID-TVI has been very positive! All this positive news should not be taken for granted , they are very good at what they do.Lets hope our patience pays off , it's been a long haul with the

[stever50]

You don't think the two companies have a plan for a hostile take over. At cheap prices.  I say we will be lucky to see.07

[blackbird]

Forty percent of .025 cents (the last 12 months trading average) is .01 cent .This would give us a price .025 plus .01 =.035 cents.This seems the norm for takeovers.I don't know if Cliff can legally or financialy do this.Rooster seems to think they won't do this,I hope he's right.I keep thinking,why only .025 cents this last year,with all the good news,who's selling here,who's