SFX 4.84% 29.5¢ sheffield resources limited

Also just trying to understand how you arrived at:VARIANCE from...

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  1. 160 Posts.
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    Also just trying to understand how you arrived at:
    VARIANCE from Yr1 Ilm Con% Ore Mined of -18.94% and;
    VARIANCE from Yr1 Zir Con% Ore Mined of -15.60%?

    I must be mistaken, but based on your chart from the BFS below the Yr1 Ilm Con% Ore Mined was forecast to be 4.5% and Yr1 Zir Con% Ore Mined was 1.2%.


    When comparing to your calculated rates for Ilm at4.83% and Zir at 1.34% (which as per my previous post may be understated due to HMC stockpile issue) results in:

    VARIANCE from Yr1 Ilm Con% Ore Mined of +7.33% (4.83-4.5)/4.5) and;
    VARIANCE from Yr1 Zir Con% Ore Mined of +11.67% (1.34-1.2)/1.2)?

    Can you please help me understand how your numbers have been calculated.

    thx Axe

    https://hotcopper.com.au/data/attachments/6333/6333964-b43106e1534951213c1a07a77cb702cb.jpg
    https://hotcopper.com.au/data/attachments/6333/6333969-6037dfe69de567aed4642fd13e6702be.jpg


 
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