PNR 3.57% 8.1¢ pantoro limited

Month on Month Production Estimates, page-52

  1. 3,471 Posts.
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    ”The highlights… are actually highlights”. Agree Spec a lot to like from the update.

    I love my production numbers and forecasting so highlights for me were,

    Sept qtr milling …. Avg 85,400 t per month.
    Oct …. 90,200 t. … 2909 t day.
    Nov …. 90,645 t. … 3021 t day

    Mill recovery Sept qtr …. 90.7%
    Oct … 92.5%
    Nov … 92.8%
    Dec … with increased grade should see further increased recovery, for those that don’t know gold plants tailings losses are generally similar across varying grades so higher grades with generally similar losses result in higher recoveries.

    Stockpiling too impressed me, wont change qtr cash costs just yet but helps AISC … also importantly a ROM ore safety net.

    I don’t think one can over exaggerate the importance of virgin development below the original mine high grade O2 ore body … 2nd mine development area for flexibility and efficiency, super high grade ore to feed mill.

    One you didn’t highlight, Open pit ore substantially increasing at Scotia … so potentially lower grade Green Lantern not needed for sometime.

    You probably have never seen my views this positive on HC lol … but I am honestly pretty excited about PNR.

 
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