A paragraph about in one of the latest articles about Ancuabe gets me wondering..
"Ancuabe close-upAncuabe will at full capacity produce 60 000 tpa of graphite material, which may seem small but is in fact on the larger size of graphite production Canterbury confirms.
At this rate, the mine will operate for 28 years although the MD notes there is a substantial 49 Mt resource which once converted could either ramp up the facility's operating rate or drastically increase the project’s lifespan.
The deposits (there are two that will be mined for now) have a 6.6% total contained graphite (TCG) content – which although not the highest is still significant, especially when taking the unchallenging mineralogy and geological setting into account."
What does this mean to everyone?
Would i be correct to assume that Ancuabe has the possibility to at ( 6% rough tgc ) 49mt converted - 3.2mt tgc divided by 28 years - 115,500t of graphite?
thus 60,000 per annum could be ramped to somewhere close to 175,000tpa..
This is in the Ancuabe mine.. not any of the other potential tenements..
If im right thats looking at a 150% upgrade on its Ancuabes tpa or extending the life of the mine SUBSTANSIALLY
Would like others imput on this one please
Cheers
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A paragraph about in one of the latest articles about Ancuabe...
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