Very good Weissman.
I still think Lens 6 is pretty key for the June quarter. At 3.1% Cu and .8 Au that is going to be extremely profitable ore to extract.
Going back the last 3 quarters we have sourced between 25 - 40% from the 'Deeps'.(next door to Lens 6) This current quarter we are due 11% from Lens 6.
If in the June quarter we could get 25 - 40% from Lens 6 this would be pretty material when last quarter we were averaging 1.8 - 2% Cu overall.
I think 40% from Lens 6 is unlikely, perhaps 20 - 30% (?). 40% would equate to an extra $8-12m profit in a single quarter. Any which way these numbers should make debt funding easier to source, and cheaper.
Very good Weissman.I still think Lens 6 is pretty key for the...
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