Val, capex will be based on mining Nebo, Babel and most likely Succoth as well, so I would say maybe around 50mt - 70mt all up at a guess.
Talk of countinous mineralization at a 0.4% cut-off at Babel is pretty significant. Not sure what the tonnage is at a 0.4% cut-off, but everything to date has been marketed as a 0.5% cut-off operation.
At a 0.5% cut-off, Babel ore body is a respectable (inferred) 17.3mt.
At a 0.2% cut-off, this baloons to a massive 362mt.
Think they'll leave the deeper stuff alone for now, and focus on the continuous, shallow mineralisation. That will keep them busy for years.
CZI Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
