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ore reserve, page-7

  1. 450 Posts.
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    Hi Excised, the ore feed available for that plant isn't 8.5Mt, its 6.7Mt, you have to take off the oxide stockpile which cannot be treated at this stage, but you also need to include Monty.

    The numbers are, as at 31st Dec 2017;
    1. DeGr UG Res = 5.8Mt
    2. Monty Res = 0.92Mt
    3. Total feed to plant = 6.7Mt
    4. Take away 2018 production = 5.1Mt
    5. Take away 0.4Mt for feed this Qtr = 4.7Mt
    6. at 1.6Mt pa = 3 years, so feed ends pretty much at the end of 2021, unless there is some losses as you have indicated.

    When you consider that there is 8.2Mt of resource at Thaduna/Green Dragon that is current under forfeiture due to under expenditure, it's a shame that they never bothered developing those 2 orebodies.

    Tubber
 
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