CCU 0.00% 5.8¢ cobar consolidated resources limited

177000T ore processed dec qtr.277000 oz. produced.ramping up to...

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    177000T ore processed dec qtr.
    277000 oz. produced.
    ramping up to 200000t p/qtr
    41000T ore with 91g/t silver left in oversized ore
    36000 oz. in concentrates.
    81% recovery

    so if they hit 200000t processed per qtr (nearly there)
    at 91g/t = 200000 * 0.091 * 2.2lb/kg * 16 oz/lb = 640oz/qtr
    * 81% recovery
    this equals 2.1M oz p.a.


    december qtr (still sorting issues)

    91g/t * 41000 T *0.091 * 2.2 *16 = 131000 oz

    131000 + 277000 + 36000 = 444000oz p/qtr = 1776000 p.a.

    so when they ramp up to full ore ore process of 200000T
    200000/177000 = 2006700
    therefore when they feed the plant the remaining 23000tpa
    they will be producing 2moz p.a. with the current config.

    they have a few ongoing improvements to make it seems they will get close to 2.5moz p.a..


    DATA QUOTED BELOW..................................
    The tonnes, grade and recovery of ore processed do not reconcile with silver
    produced due to the build-up of in-circuit stocks.
    These stocks include;
    - approximately 41,000 tonnes of oversize material at 91g/t silver and
    - 36,000 oz of silver produced in December which was not smelted and was
    contained in concentrate
    .........................................................
 
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