EXHIBIT I now corroborated
why dewater the open pit if you aint mining it at any time in future, doesnt make sense and a waste of money then right?
dewatering is a BIG SIGNAL, that they will be using the lower grade circuit 2 via the BS open pit ore likely mixed with the high grade ore from GS SS Gosling
this circuit 2 would double the revenue at an average grade of only 1.1% at a 1.1MTpa throughput rate
if that grade was 1.6% like from W ore or BS disseminated or mixed with SS GS ore
then KACHING, revenue could increase past $240Mpa to $330Mpa EBITDA in 2023
They have been dewatering the SS declines for years, installed new pumps I remember.
Caputo (AC) has been BUSY
He was the famed caravan guy but now has a fleet of super caravans & caravan parks, the caravan tycoon!
The engineers & AC on site are leading this now.
the restart is underway imho.
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