Hi watdog , you know a lot more about UG mining with jumbos than me , based on the specifics in your post , (and I would say I know more than the average investor) so appreciate your comments
I did not know anything about the differences in steel lengths used for fresh or transition/oxide ore so thank you for the intel .
I found what some of what you referred to was not in the hard copy but was in the you tube video starts at 1.27 and
In the presentation I did read :
"First Cut on 5th October 2021 ▪ PTD 190m (Plan 165m) ▪ Fresh rock commenced at 160m ▪ First Ore 30 November 2022"
When that presentation was made on te 1st Dec they had been mining for nearly 2 months and had progressed 195 meters so about 100 meters a month
You seem to feel they can do around 360 meters a month going forward personally I doubt that , my guess is they can do 200 meters a month as they go into fresh rock ie can go down about 28 meters a month on a 1:7 grade .
Think Tony mentioned they have 1600 meters to get to the ore body , so my guess is early August is possible but more likely with break downs early October to get to the ore body rather than their budgeted end of November .
Tony mentions in the presentation the depth to the ore body is 230 meters (not 200 meters) .
Yes I was wondering about wha they would do regarding the raise bore (for ventilation ) what does RAR stand for ?
Guess we will see if you are right regarding advancement speed , if so then the sp just has to go up very fast .
G1A Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
(20min delay)