WWI 14.3% 1.2¢ west wits mining limited

Ann: Production on track at Sol Plaatje-WWI.AX, page-4

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  1. 1,935 Posts.
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    can't say I'm impressed with those figures,
    e.g 130 000 tons to be excavated in 12 months as stage 1,
    that means 2500 tons of ore per week, or roughly 10 000 tons per month, first ore extracted on the 24th august which was nine weeks ago, update states 11 000 tons of ore extracted to date which is only half of what was expected (22 500).
    we can only hope the grade is way above guidance to make up the shortfall and the new haulage contractors can fulfil their obligation to get ore out of the ground and delivered at the new rate from December onwards of 14-15 000 tons per month, which would require a tripling of the current rate.

    regards timmo
 
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