The NN bonanza grades are impressive, but the West Winds Four Pillars hits are even better.
Its likely they will now throttle back the plant and mine NN, SLY, WW and FP from underground.
NN Open Pit cashflow will be a valuable add on during ramp up, underground development phase.
Fully ramped up:
NN UG 600ktpa @ 6gt = 106,500 ounces per year @ 92% recovery
SLY UG 300ktpa @ 3gt = 26,600 ounces per year @ 92% recovery
WW UG 450ktpa @ 3gt = 40,000 ounces per year @ 92% recovery
FP US 250ktpa @ 3gt = 22,000 ounces per year @ 92% recovery
Total UG Tons = 1.6mtpa
Total UG Ounces = 195,100 ounces per year @ 92% recovery
CAIC EST $2,200
Margin EST $1,100
Annual Cash Generation = 215 million
We are now talking about a potential 200koz high margin producer.
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