Wash plant efficiency9 May 2022 21:19
Don't know if this has been covered.
They dig 40,000 ton a month to produce 20,000 clean ton.
But if efficiency has improved to 62 to 65%.
This is very significant.
20,000 at $200 profit is 4,000,000 a month.
Get 65% that's 26,000 ton
The 6,000 extra is at zero cost so $400 ton profit
That's an additional $1,200,000 a month extra
5.2 m rather that 4m
25% increase