STA 0.00% 9.5¢ strandline resources limited

Ann: Coburn Operations Update, page-7

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975
    Slowly moving in the right direction; Jan avg 269t HMC per day, Feb Avg 389t/day, Mar so far 529t/day.
    Nameplate LOM = ~ 625t/day HMC (228kt pa), though above 650t/day on higher grade early years

    Better DMU availability and tailings capacity needs to be ongoing and further improved obviously, and technically it can be.
    Higher grades is a nice kicker, but we all know you can't dig higher than average ore each month. Would be nice to see the reconciliation of the new MRE model against the one use in DFS... is the grade same, better or worse than planned?

    "discussions with lenders is ongoing'... I'm sure they are, and their decisions will determine where shareholders end up...

    GLTAH
 
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