afr today, page-45

Another VERY important point that investors are glazing over is the grade and recovery BFS and operational assumptions.

Grade: Well publicised that grade is going to be below teh BFS 1.3% head grade, lets say 1.2% for arguemenst sake

Recovery: So far indiactions are Cu recovery will be ~90% for the sulphide ore vs 83% for BFS

If you use the operation parametres of 1.2% Cu grade and 90% recovery the out put numbers and cost assumptions will be as per the BFS. CF know this, so keep eyes on Cu recovery