We can expect to fill an addittional eight (8) ships each year when the underground block cave extraction comes on line.
Currently the decline is at over 1500 metres . . .that tells me that the ore body is huge.
The deeper it goes the greater the volume in the overlaying funnel . . . the greater the economy of extraction becomes.
As well as ramping up production to 3 million tonnes annually, block cave extraction will also significantly reduce the cost of production.
And yes . . . all being self funded.
- Forums
- ASX - By Stock
- GRR
- Half Yearly P&L prediction
Half Yearly P&L prediction, page-13
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 30.5¢ | $666.9K | 2.150M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 241791 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 42416 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 241791 | 0.305 |
20 | 447110 | 0.300 |
4 | 80827 | 0.295 |
11 | 346741 | 0.290 |
7 | 145262 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 42416 | 2 |
0.320 | 106413 | 5 |
0.325 | 104138 | 3 |
0.330 | 373796 | 7 |
0.335 | 141920 | 3 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
Featured News
NEWS
Is oil undervalued?
GRR (ASX) Chart |