Throughput in Dec 2021 was at 78kt for the month (900kt PA). Either way the mill will be increasing throughput going forward 850-900kt PA.
With the through put increasing the LOM will be reduced. Management have stated already they are working on a new LOM that will reduce current length but should increase annual production (refer to presentation).
They need to source more ore for longer term mine plan… got two options acquisitions or finding ore bodies. Management are slow with drilling.. should be cashed up now
DYOR
BCN Price at posting:
3.4¢ Sentiment: None Disclosure: Held
