June quarter was 150 tonnes - 50 tonnes a month or 1.67tonnes a day.
The month of July was 110 tonnes - 110 tonnes a month or 3.55tonnes a day
This Announcement smashing the records with a record 11.1tonnes per day.A week straight of 8 tonnes per day.
If we project out the Sep quarter
July-110t
August- somewhere above 3.5t/d let's be prudent and go with 4td. -125t
Sept-first week 5t/d - 35t
- second week 8t/d - 56t
- +11t day record -11t
-15 days left - assume 8t/d - 120t
Total110t+125t+222t=457t. Over 3 times the previous quarter.
Ramp up is going well. With better results from the new more modern XRTs/software, Better grades from the grade control drilling vs resource model, Better recoveries from higher grade ore vs lower it is no surprise. Wild speculation. 10t a day at 65% open pit mining capacity = 15t a day at 100% (or not who knows what the split between LGS and Open Pit ROM ore is currently). 15t a day at full swing= 450 a month or 1350 a quarter.
2025 the plant is doubling to 2mtpa.
GLTAH
Ann: EQR Achieves Daily Concentrate Production Record, page-16
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