The problem is with the fines percentage. So 70% is not achievable. At 35% fines mentioned in one of their videos, to get 60% recovery the calculation is:
35% * 0% + 65% * 92.3% = 60%
So a 92.3% DMS is unrealistic at this stage. Credit to Whatsthetip to help me understand this better.
But hopefully, they can recover at 55% at a 5%+ grade.
Ann: Quarterly Activities and Cashflow Report, page-137
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