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Ann: Investor Presentation - September 2017, page-7

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  1. 18,134 Posts.
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    Hi Sunset, given the smaller start up volumes does anyone know where they will be starting, I note the following from the feasibility study

    "
    The calculated average basket prices for the purpose of pit optimisations were:

    •  $1,260 per tonne of concentrate from Namangale 1

    •  $1,800 per tonne of concentrate from Namangale 2

    •  $1,630 per tonne of concentrate from Namangale 3. "

      Also from the recent presentation "
      • Mine plan based on a higher grading, near surface zone "


      So are they likely to target the more profitable areas first, either higher basket prices or lower opex areas, or both?

      So where are they going to start for phase1 of the project as it likely renders average opex and average basket prices from full feasibility as being meaningless to the stage 1 profitability.

      Thanks


 
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