I hope you are right G,
We will be holding on to our hats if that happens.
We are projected to earn $228m in 2018 running 3,6 m tonnes @ 0.82% cu through the processor.
The revenue drops to $106m in 2019 when we run the same 3.6m tonnes through at 0.37% copper.
In May we learned that there is an underground target of 5m to 10m tonnes with grades of 1.7% to 2.2%. If Steve can pull a plan together to dig that out of the ground at the rate of 3.6m tonnes PA starting in 2019 and they leave the low grade in stockpiles for a rainy day, am I right in thinking the 2019 revenue could $500m
Phew !!! thats massive for a company with a market cap of $57m and at those high grades the lions share would be profit.
I hope you are right G, We will be holding on to our hats if...
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