These ASX announcements are legal documents ... trying to second guess them makes no sense to me. They should be taken at face value until proven otherwise.
This is a screenshot of the relevant info about Blue Bar
Main points
*Imminent restart
*10,000t @ 1.5g/t from stockpiles. Why wouldn't you truck that to the mill? Cost of transport is covered by the JV, at a 60/40 split it is equal to the current head grade coming from WGP and no mining cost. 10,000t is only 1 1/2 days throughput for the mill.
*pit design is forecasting 2.5g/t delivered to the mill. On a 60/40 that = 1.5g/t for CAI (which possibly works out more favorably due to costs coming out first)
*Prior to the announcement the grade control drilling has been completed. The numbers have substance.
As I pointed out in a post on another thread... this bumps CAI's head grade up to >1g/t which makes a huge difference to the economics. At the current head grade of ~0.9g/t WGP runs at a small operating profit. Everything above that is straight to the bottom line profit.
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