Seems logical, however, the head grade for this section isin't the same as the southern zone so would presume loss for 'minimal additional processing'.
We also have the expected density upgrade for the southern zone.
Overall I believe it's still a very positive outcome, although slightly disappointed it wasn't the same results as the southern zone.
Regardless of DSO, it's still fantastic near surface head grade.
We are targeting DSO to get the project started so will be interesting to see if we require drilling at Satrokla.
The project economics look a lot better with a quicker ramp-up of 2mtpa over 7 years.
I guess it will come down to how eager we are to get to production vs de-risking the project and where interested parties stand.
Ann: Drilling Identifies Further High-Grade Iron Ore at Bekisopa, page-8
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