"Unfortunately Kranky , its still the same mine with the same shaft , the same plant and the same reefs with exactly the same gold in them , so however good management are there are a lot of things they can,t change."
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I will start with this first sentence which could be seen to be generally and technically correct, however:
1) The winder in the shaft has been upgraded so it is faster and more reliable.
2) The plant has been upgraded to better deal with the deorite which was a big issue with MCO's gold recovery.
3) More detailed analysis of historical data with current drilling results to determine best options to drill and discover new reefs - hence the first drill into a suspected gold zone and hence McNally's.
4) Better and more cost effective drilling techniques are being applied to ascertain new gold reefs/zones.
...and probably the most important factor that is different...
5) A BoD that listens and heeds the advice of their mining, production and geo team rather than a BoD that dictates to their mining, production and geo team where they should be drilling and mining...against their experts advice.
Yes, 4-6 weeks will be telling.
The K
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Mcnally's announcement out, page-63
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