MOY 0.00% 5.1¢ millennium minerals limited

Ann: Quarterly Activities Report, page-22

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  1. 250 Posts.
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    Hi Working on it? Why is that the biggest problem for the company? The company has a mine plan and reserves of 3 years for treating oxides at 85-95koz a year. This is their current mine and communicated plan. They should only be treating a small quantity of sulphides from the UG development ore as stoping has not commenced and have well communicate the plant upgrade. Their recovery for the quarter was 83.7% equal in performance to their June quarter when they weren't treating any sulphide ores. It's not like they have started mining sulphides and "their biggest problem" is they are getting 50% recovery. Their mine plan states that the sulphide ore inclusion to current oxide reserves along with the mill circuit additions will allow for the addition of the sulphide material into the mine plan. They will run the UG ore properly when the mill is complete.
 
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