HGO 1.21% 8.4¢ hillgrove resources limited

Interesting question which management have obviously had to put...

  1. VYR
    4,387 Posts.
    lightbulb Created with Sketch. 2721

    Interesting question which management have obviously had to put a lot of thought into.

    It looks like they started two crews working 12 hour shifts on a six days on 6 days off schedule in the middle of Feb.

    https://hotcopper.com.au/data/attachments/6131/6131874-6ee1290ab9e30f84b4ac06e1213b66ad.jpg
    https://hotcopper.com.au/data/attachments/6131/6131877-17eaafff4017ffed5a8817a127994207.jpg
    We now know how much ore was process each month and that 81,426 t was processed in 14 days. which would be an hourly rate of 242t/hr

    That compares to the study average processing rate is 350t / hour.

    They started the Feb campaign in the middle of Feb and only processed 33,605 t. That would be around 6 days at 242t/hr.

    March processed 70,788t which at 242t/hr would be 12 days.

    They may well have started two shift crews in the middle of Feb with a 6 days on and 6 days off programme.

    Working 15 days a month and processing 350t/hr would get tonnes milled up to 120,000 a month which is the forecast from months 10 through to 22.

    I guess Jumping up to 140,000t/ month would involve 7 days on and 6 days off.

    I hope they have got a good man sorting the shifts out.

    https://hotcopper.com.au/data/attachments/6132/6132095-43a93553b436c07c501a4cf64646c5bb.jpg





 
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