with the current configuration I find it hard to believe that they will jump from 100kt to 155kt in only 6 months but I do concede that if the feed grade increases by 50%, the quantity of con must increase by 50%, providing % recovery remains the same. Unfortunately, I do not believe that the company can find another 50% before then but who knows? Maybe they are angling for a very rich pocket at 80m depth or so
A40 Price at posting:
20.5¢ Sentiment: Sell Disclosure: Held