Interesting to note that since the plant started at Thalanga in 2017 it has processed 12000 t more ore than its mined , that takes into account 13000t of ore from Liontown , that would have occupied the mill for a couple of weeks, the last two quarters we have processed 24,000t more than we mined, the ore must have come from somewhere on the ROM , probably lower grade ore being blended in while the prices are high.
The bottom line is that can't go on forever unless there's an endless supply of old ore on the ROM and at some stage in the future mining and processing at Far West will line up more closely , mining has been around 95- 100,000t per quarter.
Anyway any calculations I do currently are based around the processing of 100,000 t per quarter and various grades and recoveries can be used to estimate metal production scenarios based on average prices in AUD..
Cheers Whisky
RVR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
