SVY stavely minerals limited

but at what grades mate? The low Grade is 112k tones and it...

  1. 8,751 Posts.
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    but at what grades mate?
    The low Grade is 112k tones and it comes from 28Mt at 0.4% grade which is low but not too low. Technically this resource can be blended with higher grade to larger resource.
    Ararat is 1300000Mt at 2.5% for 32500 tones
    I think we Cayley (and I hope you are right) will be around 11016000tones @ 1.45% for ~160k tones of copper.

    And will give us 304232k tones of copper from 40316000 tones at 0.755% grade which is good grade.

    If we use you number of 200kt and let's assume 1.45% grade that would be a peach of a resource as average grade is even higher.. 0.803% actually.. you made me crunch numbers.
 
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