RE: Tanking22 May 2023 13:53
Imo..they were hoping and relying on good paydays to offset fundings. If they are 'bagging' tons of tailings for further reprocessing, then that is expected in ALL mining ops? However, unless they are also bagging plenty of spod ore for immediate processing it will be further delays. Many miners either store their tailings for future processing if they also have enough of the high grade ore for now, the tailings maybe storesd as land fill and re-used or sold on.
Either way you cannot expect high grades on every ton mined. Even the big boys store 100s tons of wastage for future processing. GRcould be on the nack foot here snd scrat his head for fresh ideas. Wr need not worry too much unless he begins scratching his nuts and funding strategy to fill the coffers?