ìts more likely to go the other directionover full life of mine at least.. infill drilling post DFS has upgraded deposits and there is plenty of room for resource expansion.
that of course over full life of mine, .. however if the production targets over the DFS and hedging period were not to be achieved then yes for a period it would have a higher weighting on average price for the duration of the hedge,
This is unlikley in my opinion as they are already blending lower grade into the higher grade material to get it down to an average grade for the processing facility to suit its design optimization.
i.e. roughly speaking if its designed for peak efficiency at 6g/t then youre not going to run 10g/t through it if you have lower grade to blend and extend life of mine
ìts more likely to go the other directionover full life of mine...
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$1.14 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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