yes, concept plan always looks good
short memories for many on Sbm long range production plans , once the long term production plans of gwalia stalled due to a need for further development capital it started to stutter
then along came Atlantic and that was good for one qtr
now it’s simberi turn as it’s now the jewel in the crown
long range gold production plans are almost always, especially the ten year dreams off- ncm was the best with Robinson’s plan - 4.5 million oz per year with Lihir - and even with the success of Cadia with block cave mining which came a few years after his departure it never got close , and it’s production was and is I think still in the mid twos
lots off hoo har, even ai dropped in for back
Up
I notice it assume lic renewal, excludes economic partnering costs, assumes recoveries better than other similar mine recoveries by a mile
and not a pre about the deep sea tailing dump- one of a handful still about to pump the leftovers into the sea- I’m no environmentalist- but that sheeeeet be wrong
and the capital costs noted,, can smell
Eventual capital raisings coming- like last time when they need even more for a well thought out gwalia development plan that was costed —- and turned out to be - well off
production forecast in 2030’s - lol
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