"Ben states looking to up production target of Cabon SULPHATE to...

"Ben states looking to up production target of Cabon SULPHATE to 12000 tonnes per annum, which is the equivalent of 2,400 tonnes of Carbon metal per annum, over 20 years equals 48,000 tonnes of Carbon metal (or 240,000 tonnes of Carbon Sulphate) which is 90% of Sconi's total carbon metal resource"

I did some calculations last night after seeing your post and there are few things that I dont get ..

1.Total resource = low grade + high grade

Feed grade of 0.11% is extremely hige considering Sconi avg is 0.06%.

If you only mine high grade, then what would be a life of mine?


2. You need to mine 90% of total Sconi Co metal resource to produce 2,400tpa for 20 years.

90% of total resource?
Total resource = low grade + high grade...
Is this possible?

Also,

Is there anyone who has a lot of experiences in mining industry here?

I thought you could only mine less than 30% of total resources = industry average.

Any thoughts?


IMO DYOR