RE: Reasons to be cheerful...part 2.29 May 2021 12:58
Hi Zoros
Everything about Havieron is moving at a fast pace what is read or written about a month ago seems to get out of date very quickly.
When I used to produce site production plans on big construction projects if I was being realistic and the dates weren't met I came in for a lot of flack or had to work harder.
The world record for mine Decline was by Byrnecut at around 760m per month, to achieve that they need to achieve 8m per shift 3 times a day .
The right conditions have to be met.
I am being cautious but the rock they are upto the spiral is an aquifer, water slows things up a lot.
From the spiral it then goes through silt stone with a clay content, so it will be interesting to see how they manage the moisture content with the clay. It then passes through sandstone aquifer this could be hard rock. The spiral continues then through more siltstones before entering the high saline content rock tillite where the Decline straightens to the ore body through this tillite.
It might break the World record if they can handle the situation but I would say December to complete it. It's in writing that the vents start December.
First production conservatively I would April to June by that I mean stoping the SE crescent i.e. 2m tons per year.
Prior to that maybe a few sample loads as the test for Telfer , these will then be ramped up gradually once the Health and safety side gives thumbs up.
The approvals will start when the PFS is issued, the MRE Indicated will come out prior to the PFS which has been planned for Q4 but SB said it maybe September probably effected by the speed of the Decline.
Indicated results cannot be reported alongside Inferred results.
The SE infill drilling hasn't gone very deep maybe 600m max if the MRE comes out too early it could be a damp squib, it needs the Northern breccias to be infilled and they are deeper.
The rigs at PRE have drilled Goliath and now on Outamind and then off to Los Diablos. It may then move to Tama but I doubt it.
Parlay on Blackhills will be next.
After that it will be on to Ggp assets Swan first, Archie may be next, or back to London to find that magnetic zone.
To follow Teach then maybe Rudall if time.