Hi Roger,
Consolidation I was referring to was consolidation of production from new projects.
No more major development at The Mount - ramp up the stoping to consolidate ore supply at higher levels. Pits one at a time so overall development spend drops particularly in proportion to higher grade ore volumes and income.
Sorry if this created any confusion.
Roger - consolidations can be 1:10 up to 1: 30 in general. FML would not attempt this until market conditions and sentiment + a cornerstone investors or two were lined up to ensure SP did not suffer. Yes it has to happen at some stage I hope it goes smoothly for all our sakes! I believe the Board are across this as I have discussed it with them in the past. They will be sensible about it.
Kind regards,
CW
Hi Roger,Consolidation I was referring to was consolidation of...
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