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8.0¢ hillgrove resources limited

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29/04/24

12:37

Post #: 73557353
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Originally posted by VYR: ↑

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.

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.

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Thanks V

HGO Price at posting: 7.7¢ Sentiment: None Disclosure: Held
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