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Re: twilko post# 606

Thursday, 12/12/2002 11:40:54 PM

Thursday, December 12, 2002 11:40:54 PM

Post# of 8638
'Talking of $75 cost at a grade of 0.25 gpt just doesn't fit their paradigm.'

Taking 'paradigm' in the sense of 'pattern', no this doesn't fit, actually ... see, at one quarter gramme per tonne that means you've got to move 124,412,000 grammes of material from your deposit to your plant, process all of those same 124,412,000 grammes, then move 124,411,968.967 grammes to your tailings facility, to get your desired ounce of gold .... this is rough figuring of course, using the simplified three decimal points to appoximate your fine ounce, at 31.103 grammes ... close enough, anyway the ounce is not difficult to deal with, problem is the other millions and millions of grammes ... remember, conveyors don't load themselves, nor spread their deliveries ... everything that moves has wear parts and requires energy to run as well as maintenance

I'd be surprised if this could be done on other than massive scale, which massive scale would necessitate massive capex, as we all know ..... and, i'd be surprised then even, more than a little, if that much material could be moved and processed at that grade, for that cost .... i think really, you guys would be better off using more realistic numbers ... for the sake of credibility, eh