I am puzzled by the CFO's comment that a 20mtpa plant would only produce 250k to 300k Oz Eq pa - it seems low.
If the head grade is 0.6g/t Eq production at that grade would be about 330k Oz pa at recoveries of 85% or 310k Oz at 80% recoveries.
What am I missing? If I am right why is he CFO being so conservative? Or is he excluding Cu (doubt it)?
Ann: Gold Forum Europe 2024, page-157
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