RE: What's Your Guess Minor Miner3 Nov 2022 10:59
Quoting C/B from Sunday Roast 16.10.22 [12mins.30secs in] re Luansobe.
“We know we have at least 3.5 million tonnes open pit material, possibly 5, possibly 6”
If we are shipping 500,000 tonnes of dirt per annum @ 1.75% Cu that’s between 7 and 12 years of $40,000,000 per year to us at a conservative $5,000 per tonne.
The SP has to rerate soon………surely………..
This project alone is due to go live in early 2023 ffs!!!
GLA