is higher grade copper coming ..

"Lower average grades of around 1.08 per cent were recorded during the Quarter, though management are confident that higher grade stopes scheduled to be mined from late April onwards will see substantially higher grades and lower costs over subsequent quarters. The drop off in grade corresponds to the movement of all stoping operations from above the 410 RL to between the 305 and 410 RL levels. During the March Quarter the stopes that had been drilled in December through to the end of January were blasted. These were of unexpectedly low grade but could not be avoided in the normal mine planning cycle."

From today's quarterly.

Comment:
Let's hope Management are correct and don't find out they are mining more "unexpectedly low grade" ore.