also of note is the point on the first slide “Open pit production to commence by April quarter” should clear up any viewers that didn’t listen to the presentation.
Does any one feel like slide 7 is making a bit of a point regarding the differences in project environments between mt Carbine and the dolphin project? While I’m at it I really appreciate the difference in openness between the information put out in the public domain from EQRs management vs G6Ms. In the recent G6M presentation there was ZERO mention regarding the fact/plan going forward that the dolphin mine will no longer hook up to grid power due to price increases and will run diesel generators with a plan to go more sustainable in the future.
The recent $230m Townsville port upgrade was also news to me and a plus.
On slide 22 the point “Pit designed so 95% of this increase (260k mtu) comes into the year 1.” Current bfs has 1203 tonnes of concentrate for year 1. If this point is saying 95% of 260,000 mtus of 100% wo3 is coming through the plant in year 1 I’ll happily take a 6 (not 3 as announced) month delay. 260,000x.95=247,000x.8(80% expected extraction from ore)=197,600 contained mtu x2(convert to 50% concentrate) =395,200 mtus concentrate. Or 3952 tonnes of concentrate. !
seems like a bit of an eye opener if this is the case.
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(20min delay)