I'll be penning a few more thoughts before open on Monday, but just thought I'd point out Ptan that the 7% yield on low grade ore is absolutely staggering. I do think what will happen though is that we mix it in with more mass and reduce the grade to circa 6% so in effect the plants spec output of 155ktpa is increased by 15-20%. Also the tph being processed is significant and signs are it's WELL above what has previously been advised. I think GXY plant is 210tph and we probably have a similar plant to them....I think with the high quality feed the plant is fed this DMS is gonna crank out 220ktpa at 6%
Also seems we're gonna be fully funded for the fines circuit and the second dms! Engineering design of these are being optimised based on what DMS1 does.
TAW Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
