The A1M BoD needs to get real if they want Jericho. My comment on the DRM thread:
A1M's Eloise ore statements show useful extensions high in the orebody and in Eloise Deeps.
Mining the Deeps means trucking ore up a vertical height of 1km - a grinding and expensive burden of driver hours, diesel, machine time and ventilation.
At some point, mining Jericho becomes cheaper than mining the Deeps. We holders cannot calculate this without access to commercial confidential data.
I think this cross-over point is a lot closer than publicly acknowledged and likely already passed, even though the Jericho grades are slightly lower than the Deeps'.
If I were A1M, I would energetically mine the upper levels to fill the unused concentrator capacity, funding pre-mine works on Jericho.
A commenter above observed DRM needs A1M. I say, A1M really, really needs Jericho.
The very experienced DRM BoD know this stuff. The target statement will be interesting reading.
Ash
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The A1M BoD needs to get real if they want Jericho. My comment...
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