Seeking Alpha comment May 25, 2022
“The acquisition will immediately de-risk Karora's growth plan to boost gold production to 185,000-205,000 oz. by 2024, by eliminating the procurement, schedule and construction risks associated with a major expansion of the firm's Higginsville Mill.
Furthermore, the addition of a second mill is expected to immediately increase Karora's nominal processing capacity by over 60% from 1.6 Mtpa to ~2.6 Mtpa. Additionally, a second ball mill is already in place at the Lakewood site that is expected to increase capacity to 1.2 Mtpa once commissioned.
The addition of a second operating mill also brings with it significant potential toll milling capacity. The firm intends to fill short-term spare capacity through toll milling arrangements at one or both of the Higginsville Mill and Lakewood Mill until the Beta Hunt expansion is completed.”
https://seekingalpha.com/news/3842521-karora-resources-to-acquire-lakewood-mill-in-western-australia