Fag packet calcs13 May 2019 08:45
How do you get to $280m recoverable?It’s always been stated as around $120m. The Zstar report states 367,000 carats at an average grade of 4.7cpht for K1,2,3 and 5 combined. At $327 per c average at the moment this equates to the $120m stated. Note also that the life if the mine according to the presentations is 5 years (K1 and K2) plus a further 8 years for all else. Total 13 years.Also note that AW stated in the investors evening earlier this year that tonnage would hopefully reach 40k/month in 3rd quarter this year.