STB 0.00% 40.0¢ south boulder mines ltd

Ann: Colluli Drilling and Feasibility Update , page-3

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  1. 1,944 Posts.
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    The way I read this is that if the ESS only considered 20% utilisation of the current resource, and initial production of 1Mt, this would suggest we are looking at 5Mt if 100% is used.

    But the resource is still expanding with the drilling program. So production will be at least 5Mt, but more likely higher.

    Butchy.




 
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