Merry Xmas and Happy New Year CNB Holders, page-71

Just went for this thread because there is less postings in it and it is a new year. New Year. New Thread. Live when your alive and sleep when your dead. The EHM scenario is a mill with capacity for 8.5 Mtpa. With 13 Mt reserves left pending further drilling at Ernie I would back the good lady duchess in for a real opportunity for some toll treatment in the early years boosted by whatever size concentrator fits the bill. Probably getting a bit ahead of myself there but depending how long CNB takes EHM could be out of ore when CNB is ready to go. It will add some interest to the development scenarios available. The open cut went to a depth of 650 metres and the underground is at 1000 metres looking to go deeper by another 325 metres. The ug extent would then equal the oc extent + 25 metres.

That puts Carnaby in the box seat. Pole position. The deepest holes that Carnaby needs to drill probably only to 650 / 700 metres and focus on Open Cut resources for stage 1 development plans. Unless they have bigger intercepts and need to look at the top 1000 metres. Of that order of magnitude in any case.