POD 10.8% 4.1¢ podium minerals limited

Announcement (and it's bloody good...!), page-49

  1. 745 Posts.
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    This is my first post here. I appreciate a lot of great info I've learnt from posters here on this thread and was hoping my question would have been discussed already. My apologies if it has and I've missed it

    Is anyone concerned re the economics of mining a narrow 15km length of strike? It seems clear that the company is trying to drill deeper to prove up more ounces that can be mined vertically, possibly so the mine doesn't have to extend as much in length.

    Does anyone here have the experience or knowledge to suggest how a 15km long deposit can be mined? Could they mine say a 1-2km section and when its done move the whole operation a few km's further along to mine the next section? I cant seem to think of a mining plan or design that wouldn't result in really high AISC resulting from transporting the ore along a narrow 15km deposit. Its not like its super high grade either. I know ALCOA use 10km long conveyor belts to transport their bauxite back to pinjarra. Could this be an option?

    Im concerned that if its only economically feasible to mine the higher grade section then the size of the resource will shrink to the length of that section.

    Thanks in advance

 
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