Excellent News ! This is the Truck that is going to be used to transport graphitic ore from Mahefedok deposit to the graphmada plant (in Lohorano) : probably a 2km trip (in-between there is a river, they are expanding and reinforcing the river bridge to facilitate the journey of this truck).
It is a 30 ton truck capacity designed for small mining operations. Assuming average 4% grade of the graphitic ore at Mahefedok, a 500 tons per month operation (6000tpa nameplate) requires : 12.500 tons of graphitic ore transported from Mahefedok to Lohorano or 416 tons per day. This necessitates on-average 14 trips of this truck per day or 1 round-trip per hour assuming 14 hours work day for the truck. (In other words, the truck will be a hard working machine ! Good luck to the truck lol !)
BSM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held