Sundance ups Mbalam-Nabeba reserve, page-6

Hi Sundance001.

Getting better slowly. Also said,The first 10 years of production include an average Product grade of 63.1%Fe Iron Ore with low impurities.
The increased Ore Reserve coupled with the recently announced increase in the Project production rate from 35Mtpa to 40Mtpa will have a substantial and positive impact on the Project Economics and ensures it is robust to changing iron ore prices.

I just did some sums on Nabeba Mine Pit and Mbarga Mine Pit. Compared them to Mt Whaleback which is the biggest single Mine Pit in the World at Newman in The Pilbara.
Mt Whaleback expected to finish up with 5.5km long by 2km= wide and 500mts deep = 5.5
Mbarga is to be 3km long x 3km wide for Itabirite and at present open at depth at 639.5m = 5.7555. This 639.5mts is as deep as they have drilled so far.
Volume if I have worked it out right is bigger at Mbarga than at Mt Whaleback in The Pilbara.

Nabeba 3km long x 3km wide and only drilled to 379.1mt depth at present and still open at depth = 3.4119. If Nabeba is like Mbarga with the Itabirite, it will be quite a bit bigger than Mt Whaleback. The 379.1mys is as deep as they have drilled so far.

Dont forget that Nabeba has DSO down to 200Mts and Mbarga between 30 to 50Mts deep.
Mbarga and Nabeba are both open at depth and as wide at app 500mts at Mbarga as it is a surface. Nabeba also as wide at depth as at surface at app 300mts.

Regards
Westcott.