KCN 7.82% $1.36 kingsgate consolidated limited.

Ann: TAFTA Update, page-60

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  1. 6,265 Posts.
    lightbulb Created with Sketch. 1560
    I was thinking:

    Stockpiles grade is falling to something like 0.3g/t.
    While proportion of mined ore in the plants is gradually rising.

    Overall result: flat grade, appearing as if there's no progress with mining, and that it's all 0.4g/t stockpiles.

    But once mining reaches the 6MTPA of ore point, stockpiles will quickly disappear from the calculation and grade would jump from 0.4g/t to 0.7g/t+.


    Transparency about stockpiles/ore processed would clear that up...
    Last edited by danbradster: 05/10/24
 
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