The company is looking efficiency to reduce costs and maximise profits. This is achieved in a number of ways including reducing throughputs while maintaining output.
The 2019 DFS was optimised at using higher cut off grades which resulted in a capital free expansion of 10,000 TPA. The Plant was designed for 40,000 TPA with a grade of 15%TGC. The 2019 grade was optimised and raised to 18% TGC.
Now we have Mike confirming the plant is deliberately being divided back as higher grades are available creating further economic benefits to the project at capital free expansion opportunity….At 23%Tgc throughputs could then be further reduced lower than 800 tons per day…From 18% to 23% TGC would lower throughput tonnage by a significant amount resulting in a further capital free expansion opportunity. More on that later…
Regards Croc
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