The Feasibility Study assumed a lead price of US 92 cents per pound which is where it sits. Stope production is behind plan because development is behind plan. The development plan is for 800 metres of lateral advance per month which should be possible with three jumbos. There are a host of reasons why development can fall behind plan but Abra should consider paying top dollar for the best jumbo operators but that shouldn't require a strategic review and trading halt. I wouldn't be surprised if operating costs are the problem due to inflation.
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Ann: Abra Production and Operations Update, page-12
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