I can't see that any youtube link for the session has been posted. If it has, my apologies, if not, here it is (just remove the space between "you" and "tube" - for whatever reason my youtube links no longer work on hc).
https://www.you tube.com/watch?v=ICOs2uIYnxY
Have to say I was a little disappointed that Tim has already run up the white flag of having the scoping study delivered on time, by mid December. The Christmas break and school holidays etc only impact the timing after they have already missed the mid December deadline and it means the timing over-run is longer, not that the deadline has to be missed. Also we are still two months away from the mid December deadline which suggests to me the mid December deadline was never a show. I think Tim is a straight shooter but he gets a could-have-done-better from me on this measure.
On a more substantive issue, also the first time I can remember hearing that the life of mine is likely to be only 6 or 7 years at about 180kt pa. Of course if that period of production (2025 - 2032) coincides with boom times - as it likely will - then the project will shoot the lights out. But if it coincides with any sort of dip then the short life of mine becomes an issue. In other words by having such a short life of mine there is an element of risk introduced which will discount the value of the project. Having the deep holes under Cade come up donuts was a blow.
Most of the rest of the presentation and q&a was positive, another impressive effort from TM, clearly "many" suitors wanting to fill the ESS dance card. My ears pricked up when Tim was talking about exploration right at the end and commented that Essential "is beyond" putting out rock chip announcements though again a tad disappointing that he reckons they will only start any new exploration campaign in the March 23 quarter.
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