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Ann: Development Progress - Lindi Jumbo Mine, page-104

  1. 15,774 Posts.
    lightbulb Created with Sketch. 6800
    Hi Rossi,

    Do the math on 306ktpa at 6%TGC graphite, Although it might have an additional 24 years of mining, the smaller plant will be unlikely to generate a profit.

    BTW, you might work out 24 x 306k = 703 million tonnes, One has to wonder if this is classed as waste material or if this is classed as future mining feed.
    If it is waste, it will be included in the strip ratio, if its classed as future feed, it will not be included in the strip ratio and is an additional cost of mining in the first 24 years.
 
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