And just to recap / to be clear about my thoughts on Lens 6;
Prediction for this quarter is 11% of Cu ORE is coming from here. AC has clearly stated 'a' truck was carrying 10 - 12% Cu from Lens 6.
The maths is so very simple....Average grade for the past year has been around 2% at Eloise. At 10 - 12% Cu (five times more than average) that takes our Lens 6 11% to 50% of total copper produced at Elosie this quarter hypothetically....Which most likely hasn't happened, or has it?
So being conservative discount the 10 - 12% down to say 5% Lens 6 for the quarter.....and then that is effectively 2.5 X 11% = 25% of copper produced....(5% is 2.5 x 2% copper...the average Eloise grade)
But the interesting bit isn't this quarter, its the next one. If 11% say becomes 25% of total Eloise ore next quarter, and i think this is conservative, and then multiply this out at 5% rather than 2% then that's where i end up at 5,000t + for the June quarter. Don't forget they are putting through 60,000t + per month....so 25% x 60,000 x 5% is....750t....X 3 months = 2,250t per quarter from Lens 6 alone.....So say 3,000 / 3,500t per quarter from 'standard Eloise' + Lens 6 = 5,000+++ !! and i think this is very conservative.
Perhaps that's why they keep talking about getting a new underground loader in the last 4 reports!
BTW I'm overseas atm and i'm onto my second very large G&T so if my maths is wrong i sincerely apologize....but do the numbers yourselves....But i personally think this is an entire game changer.
No advice, DYOR research etc...my drink is empty, i'm off to fill it up and dream a bit!
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