Cokelator already answered, but to clarify -production from EM stage 2 is included in FY19 forecast. I don’t think it will produce much beyond that - but could be wrong.
Originally, production life of stage 2 was estimated at around 2.5 years but it seems the focus has shifted to margin, rather than overall ounces. My reasoning is based on the stockpiling of low grade ore - it will be mined if strip ratios are low enough, but won’t be processed without higher grade ore to create a viable blend.
I hope you understand what I mean.
Ann: Ramelius Profit up 74% on Record Production, page-83
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