Just to add some 'color' to the presentation material. Richard mentioned that he views M5 U/G as being able to add perhaps 500ktpa at 3g/t. I have added 40k ounces from CY25 (could be sooner... for first ore), even after displacing the lower grade ore. He did not say for how many years it might have the ability to produce 40k p.a, but... again this is just for illustrative purposes.
Add in his comments that Kiaka will comfortably run at 10mtpa over perhaps 16-17 years instead of the 21+ years.
He hinted this would likely increase output by perhaps 20% or.. production above 250k or more.
Combine Sanbrado and Kiaka and the 500k p.a production target is seemingly a lot more achievable (again... this is not financial advice!!!), just some speculation... potentially backed up by some general statements by Richard).
Any other 500k ounce producers with an E/V of around $600m AUD?
Hmm....
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