Tonnage out of the site will all depend on state/council approval..........class 8 trucks have a capacity of approximately 15,000kg...........if they were dispatching 200,000t of product from the site/year, 365 days/year, that would equate to approximately 36 trucks a day! That is why building a processing plant (big sieve) and trucking dry processed rather than DSO is so important. Having a truck leave the site 24/7 every 45 min rather than every 1.5h is no big deal (especially when they can mine a years worth of product in only 6 weeks) but all depends on approvals.............maybe they can swing the locals a few bob to stave off any local objections Either way IMO the SP is going 10c plus sooner or later.................just a matter of time.
ADN Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)