RSG 0.00% 67.0¢ resolute mining limited

Ann: Quarterly Activities Report, page-46

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  1. 3,814 Posts.
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    So listened to the open briefing and read the quarterly.

    Is there any posters that can definitely state that Syama u/g are not going to hit it's targets once in full production? RSG have confirmed grade is as expected and they reaffirmed life of mine costs. Recoveries have been over 85% of late which is their target, but the addition of the carbon roaster will add 4% so that is on target as well. Commercial mining has been announced. Automation is a bit unclear but it seems testing is ongoing and no problems have been raised.

    John stated that without the roaster issues they would have produced 30k up from 22.5k. He also reaffirmed that target of 50k or thereabouts a quarter once in full production.

    Is this a case of a slow ramp up or is there an issue that would make the mine less viable than the BFS study?
 
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