AVM advance metals limited

how much will we be earning?, page-23

  1. 118 Posts.
    re: commissioning From my understanding stage 2 projections always
    envisaged an annual capacity of new ore mined of
    250000 to, which is due to the design of the open pit
    and may be also to some extend to the mining equipment used. Since they managed to mine such
    volume in the past (in abscence of certain special on time disturbances) Anvil should be able to mine 250000
    annually in the future also at the very least.

    Since the ball mill has a capacity of 350000 it planed
    to treat existing floats and tails stockpiles the next two years to fill the gap.

    In case Anvil can manage to debottleneck the
    constraints of mining capacity (for instance by means
    of a new mine plan and/or the new equipment) this will be on top.

    In any case i believe the treatment of the stockpiles
    generates incremental profits (copper today @1,32!)
    and makes sense and we still have one hungry ball mill left idle....

    The average grades of stockpiles BTW are considerably higher (according to Haywood Floats @2,6, Tails @ 6,1 %) and they may be able to pick the highest grades of existing stockpiles first.
 
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