RE:RE: Paths........ number of stopesThanks for posting this Paths.
paths wrote: "Inadequate number of available stopes?" There can always be a misfired stope, say once every two years, maybe they will test some different blasting procedures. More stopes are certainly possible. The company did very well to get the mill upgrades done that quickly, the mine is perhaps not yet ready for that production rate, it may need some more time and investment underground. Not just more metres/month, since they need to have enough haulage access, they have to stay in the stope sequence, have to place fill that has the required strength, and they have a system that requires more definition drilling in advance now, so cannot jump ahead of that.
Nothing "else is going on", just lots of requirements that will likely mesh together better later on. Falling short on tonnage is ok, at least it's better than making errors in response to that. If they focus on making tonnage, to keep shareholders happy, workmanship can suffer instead. Grams recovered, is always far more important than tonnage. The way it was explained was ok, because many shareholders might not be comfortable with an explanation that a focus on tonnes taking a priority over good procedures, would be an invitation for making mistakes, as that gets ackward and confusing to discuss.
It's all ok, all the negative posters and doubters of the past years were wrong, every one of them, because they made wrong assumptions, they are not going to become correct now. Get in tune with the situation mngman, remembering your 3.50/share forecast, not gonna happen. If you ever were to make some forecasts here that actually came tue, then we/I'd take you more seriously.