This is the most important statement in the Dec quarterly imho.
Those previously announced reserve grades (4.3 g/t from memory) to be mined in the underground campaigns at Riverina are now looking very conservative.
(No great surprise to me)
I think we can confidently expect that this decline will eventually be pulling out 600,000 tpa at grades comfortably above 5 g/t (~100,000 ozs + pa, per decline, when steady state mining is established in coming months).
Something similar at Sand King in 12 months time will have this company flying
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ora banda mining ltd
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98.5¢ |
Change
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 9852 | 1.015 |
1 | 500 | 1.010 |
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0.900 | 5000 | 1 |
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