barrick gold opa, page-14

Hi Paul,

Good point. As in, if they increase mill throughput, they would quickly pay for any mill refurb costs.

Does anyone have any idea of the development costs involved for CRE to get more ore through the plant (OPA or Barnicoat) as at the grade levels, you would think that fixed costs remain, variable costs increase, revenue increases beyond these combined to give CRE more profit???

Granny Smith still has spare capacity. In the short term, surely it is on Don's list to make use of more of that under the OPA. They have the reserves and resources, just need to get it out of the ground quicker.

I personally think CRE mines will be hitting 120,000Oz/annum before FML does (if that's what Don wants to see happen).