With resource upgrade coming soon and I believe a 20%-25% increase in resource is almost guaranteed, taking total resource to around 2.75mil-2.85mil I think HMW annual production plan will be upgraded to 25000 tons for stage 1 and possibly 40k-50k tons for stage 2.
To do a 20k tons per year for 50-55 years is just too slow and is not typical of most mining projects. A typical LOM for a mining project is usually in the range of 20-25 years.
Thoughts?
With resource upgrade coming soon and I believe a 20%-25%...
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