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Yeah so $15-20 per tonne through the plant. That's about $12/t...

  1. binwood
    5,340 Posts.
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    16/04/18
    18:29
    Post #: 32489407
    Yeah so $15-20 per tonne through the plant. That's about $12/t more expensive than if we had a strip ratio of 4:1 which no-one would blink at.

    If we go back to late last year we had a basket price of (60,000 × 0.0014 + 6,600 x 0.0049) = $116 per tonne of milled ore.

    Now we have a basket price even at mass JORC grade of (90,000 x .0011 + 6,600 x .0049) = $131.

    That is extraction cost right there.
    CLA Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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