In this investor presentation which came out on 1 August 2024 It says that we were 25 meters above the lowest level of historic workings. Does anyone know how long it takes to go down 25 meters? I am taking a guess that if the rate of decline is 10 to 1 we would need to dig a tunnel 250 meters. If we did one meter per day that would be approximately eight months. So at that rate we should be there around April 2025. This would line up with When Ragnar starts to receive their royalties. These are just me guesses. If anyone has an more accurate estimations I would be great to hear them.
Ann: Investor Presentation, page-32
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $32.71M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $69.16K | 443.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 402161 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 19141 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| KAU (ASX) Chart |