In Nov last year it was stated that J ore would start to come on tap in July 2026 and then ramp up over 12 months...perhaps the J0 lens (if it has some continuity) and Matilda North brings this forward to start Jan next year?
This is quite important, obviously, as with an all in cost over AUD$5/lb and a Cu price at AUD$6.50/lb the margin currently is a little skinny. Once the cheaper Jericho ore comes online A1M becomes a lot more resistant to a Cu price correction (and an accident or large seismic event at Eloise).
I have in my notes that 3 metres of ore is needed for stoping. Unfortunately I can't remember my source for this.
Looking forward to Tuesday and eventual comments by @eastwest101 and others.
Slowly accumulating.
A1M Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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