"Igr are growing their resource, mine life is increasing, grade will increase, costs will come down again as the company has forecast."
Grade has been actually falling and I expect their overall reserve grade to be lower than 12 months ago when announced in a few weeks. Mine life may improve but at what production rate? No point doubling mine life but halving annual rate. Can they maintain grade and thereby production levels? Or will production fall even as throughput is increased? We have to wait for results of the underground trial. It really comes down to how successful underground production will be... I'm really looking forward to info on this.
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