Hi @Pepper, It has been a long wait but worth every penny...The appointment of Tony, a pleasing result as the company transitions from explorer to explorer plus developer...The outstanding appointment combined with a World Class project offering the lowest capital intensity per ton product...Don't forget the formula new guys an easy method to separate poor quality projects from World Class...
The grade is more sensitive than the strip ratio...
Grade TGC (17.9% )
Strip Ratio 3.3:1
ROM Per Ton unit Cost US$ 3.14
Processing per Ton unit cost US$ 27.56
General formula
m x (r+1)/g + p/g
Where m is mining cost, r is strip ratio, g is grade & p is processing cost
Regards Croc
Ann: Appointment of Chief Financial Officer, page-5
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