SFX 2.44% 20.0¢ sheffield resources limited

Don't think so. It's a low margin bulk mine... profitability...

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  1. 2ic
    5,923 Posts.
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    Don't think so. It's a low margin bulk mine... profitability relies on processing huge tonnes efficiently as the mining face moves forward and 90% of the sand/OS is replaced in-pit behind as the mine progresses. Stockpiling and double handling to recover some Hm (of maybe poorer quality by itself) from large OS stockpiles (30% of the orebody) just doesn't make sense to me. The solution needs to be in-pit continuous mining fix that keeps the WCP and CUP at nameplate or better, thus providing the revenue:cost for the operation to be profitable.
 
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