I am aware of the density difference between fresh and oxide material, It is easier to liberate the graphite from the oxide mineralisation, although I would have thought the main constraint zt any mine would have been floatation and the cleaning stages. Not with the front end crushing stages.
When you consider EGR is meant to be using a automated miner to liberate the graphite ore. there seems to be a significant advantage of processing the oxide mineralisation over the fresh. The 20-22% increase in production is significant for no additional CAPEX. And we know the Western strike is approximately 3-4km in length where the current JORC/Mine plan is based on only 1.2kms. (Plus we have the exploration license to the south)
BTW, Shellbell picked up on my little dig at another company whose whole production facility has been designed on the oxide material, yet they ore body is and mine plan uses 95% of the FRESH mineralisation, Lets hope they have installed the sulphide circuits and their plant capacity doesn't end up only producing 32ktpa when they mine the FRESH mineralisation.
EGR Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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