GXY 0.00% $5.28 galaxy resources limited

Cattlin 2.5 years mine-life, page-47

  1. 1,372 Posts.
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    I don't get the 2.52 year concept?, and isn't the concentrate at 5.8% or there about when its ready for shipping?
    As per @mushroom one 15 million tonnes of recoverable resource processed at a rate of 1.6 million tonnes per annum = 9.375 years, and of course there will be delays and many other marvellous things that will jump up within that time, so IMO 9.5 years is reasonable.
 
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