Golden Gold Mining: The company engages in external sales of tailings, and there are no errors in business decision-making.
An investor raised a question, according to the disclosure information, Fiji Gold Mine has 18 million tons of tailings, with a gold content of around 1 gram per ton, and processes 1300 tons of tailings ore per day. At this processing capacity, it would take about 40 years to complete. Currently, the price of gold is relatively high, so why not sell the tailings externally to increase income and profit? Is there a mistake in business decision-making? Does this 18 million tons of tailings really exist? In response to this, Zha Jin Gold stated on the interactive platform on June 11 that the company does have transactions for the external sale of tailings, and there is no mistake in business decision-making. The company's tailing resources have been verified by a third-party professional agency and disclosed in regular reports and related announcements.
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