Banter and general comments, page-36039

The mine site is operating 24/7. What is currently paused is maintaining or adding more ore beyond the 280,000kg that they have on the ROM pad. They have also paused the stage 2 cutback work, aka spending cash now for cheaper last 2024 / 2025 production.

There's been reference to 55% and 59% recovery rates so the quarterly should have improved recoveries. Higher recovery rates mean more output for the same costs so reported December quarter C1 costs are potentially lower.

Updated guidance is going to be provided. If only processing in q3 and q4 2024 this will be a small figure, but this will confirm all the "High" cost comes from mining. This may also confirm to those who couldn't figure it out that higher C1 cash costs in the past were rom buildup and high early project strip ratios. The original DFS had a 34.8 ore volumes strip ratio in yr1, 18.6 in yr2, and 2.6 in yr3 for a blended 16.6 Grants project average.

Many commentators persist in talking as if high early period cost metrics will last indefinitely. What will Core's cash cost look like later in Grants project with low single digit strip ratios?

With Grants later project having an incredibly low strip ratio, it should have a low cash cost so restarting mining as the ROM gets lower will make sense.