RE: Bristol Meet29 Sep 2025 15:09
It’s pretty obvious. The higher the grade, the less the cost, and the more the profit, on Telfer, to put into Hav capex whilst improving Telfer outlook, via drilling.
Drill results are paramount to extend Telfer beyond Hav commercial, not first, ore.
Grades are important.
Commentators, even Simply Wall Steet ( AI, I think) wait on drilling results to determine Telfer profitable life expectancy.