Helpful post 28 Feb 2024 16.1110 Aug 2024 17:41
From a tweet by RRR yesterday, "The equipment brought in for our alluvial gold test programme at Bilbale will be able to handle from 288 tph to 1,152 tph" https://x.com/RRR_RedRock/status/17624260920511160997s=20. Work the numbers through: 1,152 tph x 2 g/t is 2,304 g. 2,304/28.3495 is 81 oz an hour. 16 hour day (2 shifts) is 1,296 oz per day. Sell for $2,000 per oz, cost of production $900 an oz: revenue is $1.452mil per day. That is the likely upper bound given current conditions. I will let you do the lower bound calculations. Whichever way you cut it, Burkina Faso is worth significantly more to RRR than DRC.
Helpful, I bet you tell all the ladies (or men, hey hoo, modern world) about the impressive equipment. We have all been disappointed with it tbh, a case of no show, no grow.