Mill throughput at Goldboro
I am starting to wonder about the mill throughput at Goldboro. The assumption in the resource estimate was 4000 tonnes per day, but I don't know if this is too low. Please anyone with more knowledge than me correct me. Assuming 2.75 Moz, you are looking at a life of mine of 20+ years at that rate. If we assume goldboro has 5Moz once Dolliver mountain and Lower seal are explored, and the depths of the current mine are reached, the life of mine gets even longer. In an ideal world for anaconda, would the target be a 10 year life of mine, or 10,000+ tpd mill? I know this moves it from provincial to federal review and would probably extend the time to approval, so they may stick with the 4000 tpd now and expand later, but if we see something like that in the PEA, that drives up the value of anaconda as a standalone or acquisition target a lot more. I think takeover prices are based more on annual production than resource size. Anyways, would like to hear from some of the more technical and economic people on this.