The table below presents a summary of major costs to restore the plant to operational readiness. This could be completed in less than six months from a go decision. The estimate is budgetary and within an accuracy of 30%:
Table 1: Estimated costs to re-commission the Radio Hill Plant plus the addition of a gravity gold recovery circuit.
Column 1 Column 2 0 Item Cost A$ 1 Stage 1 Works 2 Plant clean up and safety works 250,000 3 HV electrical works 100,000 4 Supervision, Engineering and Site overheads 100,000 5 Preliminaries 100,000 6 Sub Total 550,000 7 Stage 2 Refurbishment 8 Electrical and Instrumentation 1,800,000 9 Control equipment 100,000 10 Mechanical items 700,000 11 Grinding mill refurbishment 350,000 12 Crusher refurbishment 200,000 13 Piping 250,000 14 Preliminaries and General 450,000 15 Engineering and Overheads 200,000 16 Sub Total 4,050,000 17 Total Refurbishment 4,600,000 18 Installation of gravity concentrator for gold 650,000 19 Total Upgrade and refurbishment 5,250,000
The table below presents a summary of major costs to restore the...
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