From the webinar just concluded.
Andre said there was a grading problem at Cracow with actual grades being lower than original models and that his geologists were looking to narrow and tighten up grades. To my untrained eye that is code for oh dear we weren't conservative enough.
Andre also said in response to a ripper question that the propective copper output of 30-33 thousand tonnes from FY'25 onwards will be sustainable at that rate for a number of years. Again to my untrained eye that is great news give where the copper price is going.
So in tennis parlance I think it is 15-all.
Let's hope Cracow grades do improve in Q4 and into FY'23
Cheers and have a great ANZAC long weekend.......Lest We Forget
Ann: QUARTERLY ACITIVITIES REPORT MARCH 2022, page-27
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