Saturday night and North Melbourne gets thrashed again. I go to the pub and have a pint and go back home with a six pack of crownies and start to think about Burbanks and a possible ore reserve of 7,000,000t at 2.5g/t after the phase 1 drill.
I think if we are going to process that tonnage over say 6 years LOM (WITHOUT phase 2 and phase 3 added in), then thats 7,000,000t divided by 6 years equals 1,166,666t to be processed each year.
So I open another stubby and think who could process that amount of ore for us. FMR comes to mind they can process 1,000,000t per year I believe but they are into toll milling I believe and joint ventures.
I open another stubby and think we either go into another JV with FMR or buy FMR's Greenfield mill or build our own mill or contract to other mills in the area.
Now I fire up the BBQ and have a stubby and a mince patty burger.
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