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Ann: Goulamina Mining Services Contract Awarded to Specialist, page-39

  1. 1,604 Posts.
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    I think some are trying to read too much into this announcement.

    You can't put that through the plant being built. I suspect there is a lot more waste initially as one would expect as you expand the pit.

    They also mention a planned annual material movement of 18-20 Mtpa, and no ramp up. I would suspect that any contracts awarded would only be for the approved Stage#1. There may be wording in the contract for expansion for Stage#2, but I do not believe any reputable management would award a contract for works not approved by the board.

    https://hotcopper.com.au/data/attachments/5427/5427933-85e6f9f389aaabe5a4437a64c1c52ad9.jpg

 
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