Morning all.
@twinpeaks
Nice post mate.
There are a couple of points I would like to add.
The aisc were expected to be ~$3000.
Given that it has dropped dramatically to $2219, that could indicate-
1. grade is increasing with depth
2. the next round of grade control may prove the above but also increase the total resource substantially.
As these happen our aisc could also drop further.
Munda is no longer a 145koz resource.
The main take away one needs to be mindful of here is that our aisc a extremely low for a Toll treatment arrangement.
We still have GIC to come and I wonder how much Ore is still on our ROM pad, (the costs of which came out of this campaign)?
We could borrow the money for the Mill refurb and the payback would be very very rapid but the aisc will also be very compelling.
I imagine an ann with these points clarified will really attract some market attention.
Drilling was scheduled for March so I expect we must be close.
We have 3targets by memory but I have some levels of excitement for exploration at Spargo but when Lindsay is tied down proper,
We could see a serious upgrade to res there.
This really raises the Q, how long will it be for us to get the 1m oz resource?
Kind regards, Wack
Morning all.@twinpeaksNice post mate.There are a couple of...
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