BB, phase 2 expansion requires development of the Middle Zone (Slide 12) which Harte initiated late 2020/early 2021, predicting it would be sufficiently advanced for overall 1200 tpd supply to the mill by mid 2022. However, development of the decline was quickly deferred as the cash ran out, effectively stalling advancement of the Middle Zone by a year. So 95Koz annual rate by mid 2023 (FY24) is my current expectation until Mr. Tonkin guides otherwise.
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- Ann: Corporate Presentation - March 2022
Ann: Corporate Presentation - March 2022, page-12
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Last
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Change
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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