The high grade ore benches of Ranger 3 are underwater again (same as this time last year) & will be a LONG time before digging resumes due to all other water containment areas also be full ie no where to pump the now contaminated water to.
Although they have plenty of low grade ex waste dump material to go on with the output for the coming quarter will be markedly down on budget.
Any more rain or even worse a cyclone before the end of "the wet" & the problem would impact production for a further quarter or two.
Would be interesting to see if such a supply problem would effect the spot price of U
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- low production for the coming quarter
low production for the coming quarter
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