Ann: Diggers & Dealers Mining Forum Presentation - August 2022, page-2

Firstly, I do like the way they present the information about TIE (perhaps very unimportant, but... if you are going to do something, do it well).

Not sure if I have not really understood just how good TIE could really be, but.... firstly we have TIE saying 4.5mtpa is now the base case, but....



Then we have this stated as the nameplate capacity now, so... potentially, it will be able to beat nameplate (like most other new plants, i.e. 10% seems to be the average after following WAF, CMM, GCY, CAI etc). So we are actually looking at potentially 4.9mtpa processing throughput once the plant is humming. Pretty sure that will make a big difference to the profitability per ounce. Perhaps I am jumping the gun, but....


Sort of kicking myself I did not grab a few more at $0.30... probably like many others.