RND rand mining limited

it looks like most of it is quite sparsely drilled, but coverage...

  1. 8,425 Posts.
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    it looks like most of it is quite sparsely drilled, but coverage is over a large area. You'd have to take into account all the holes that missed. Also curious it looks like all UG drilling, which makes sense as cheaper and faster, but there are clearly areas that could be drilled from surface to fast-track reserves if they wanted to.

    but yes, NST are always quite conservative with their cut-off grades - across the board not just EKJV. I get it, insulation. Have to remember at this gold price when previously marginal ounces become profitable the mill becomes the bottleneck. The real risk for us with the stockpiling strategy is nowhere to process it. I would be open to do an ore purchase agreement with EVN, but history suggests AB will only toll treat.
 
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