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Ann: Half Year Accounts, page-42

  1. 3,374 Posts.
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    I've been back over some old announcements just before the mill was built.
    Look at the strip ratio which has blown out to over 5 and of course ASIC
    https://hotcopper.com.au/data/attachments/5116/5116549-25dffaa6f151ff488e3ab30582f3cbbf.jpg

    Then the measured grade

    https://hotcopper.com.au/data/attachments/5116/5116552-781782b9d0e7f20b3ed328449dba57c8.jpg

    With the expanded strip ratio it is no wonder the grade has dropped a little.
    Question is how long will it take to mine down to the level where we approach these metrics
    According to this same presentation....maybe 3yrs before the underground operation starts.
    Maybe 1yr before the grade lifts....I'm unsure of this
    https://hotcopper.com.au/data/attachments/5116/5116562-d5ba8501d631b70bbb29aaaec73f0cb1.jpg

    But I am wondering where these high grade shoots are ??
    https://hotcopper.com.au/data/attachments/5116/5116594-6618a306a05b734a1906de88dc462fdb.jpg

 
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