Finally MRC is back to processing the inland strands mineralisation. Fantastic work MRC management and employees for completing these works.
Today should be the start of the companies return to profitability at Tormin, we now have the higher grade inland strands to process and winter is only a few months away which will replenish the beaches, With the reduced mining rate we should see a significant improvement with the beach grades and lower operating costs.
The PFS indicated Revenues just from the Inland Strands will generate revenues of US$73.5mil pa and an EBITDA do US$11.4mil.
Source: https://www.mineralcommodities.com/wp-content/uploads/2022/02/MRC-Maiden-Ore-Reserve-Inland-Strandline-18-February-2022.pdf
@Peppie Previously you have commented the water for processing needs to be shipped onto the site. Do you think the improvements to produce a dry cake rather than pumping the slimes into the tailings is a way the company can reuse the water from processing which will save the company shipping in additional water to the site?
Finally MRC is back to processing the inland strands...
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