NTL - New Talisman Mine - New board & Directors

[Brain]

The bulk sampling stage should be very interesting . 20,000 cubic meters per year = 50,000 tonnes/annum . If the mined gold grade is proved to be good and the concentrator is implemented then some very basic maths puts us in the ball park of a very profitable mine.

[cammo]

If we say they get out 50k tpa (20kcubm) concentrated to only 25% of its original that would be 200ktpa equivalent removed ore.

Assuming they therefore have 2/3of an ounce per ton

And sell it on quick unrefined at $1000 per ton

And costs are $600 per ton

400 per ton * 0.66 * 200000 = 56 millions of dollars.

[stones]

MKTUPDTE: NTL: TALISMAN ACQUIRES 80% OF RAHU FROM NEWCREST

Out of the blue...

[Clints]

MKTUPDTE: NTL: TALISMAN ACQUIRES 80% OF RAHU FROM NEWCREST

Out of the blue...

So that's what the SPP was for

[Fatboyj]

To a lay gold mine investor, what does this mean?

[stones]

To a lay gold mine investor, what does this mean?

Ont know FBJ. Im one of you. Looks most interesting

[Stumpynuts]

To a lay gold mine investor, what does this mean?

It means there's gold in them hills!

[Clints]

Wonder what they paid?

[Brain]

If we say they get out 50k tpa (20kcubm) concentrated to only 25% of its original that would be 200ktpa equivalent removed ore.

Assuming they therefore have 2/3of an ounce per ton

And sell it on quick unrefined at $1000 per ton

And costs are $600 per ton

400 per ton * 0.66 * 200000 = 56 millions of dollars.

Yeah there are a lot of ways this can be analysed but what I have noticed is that it is very hard to do an analysis that makes this mine look anything other than very profitable.

[Stumpynuts]

Rahu potentially holding a further 225,000 oz. and 902,000 oz. gold?