Post by
nofluff on Oct 04, 2021 3:55pm
longstope date
I do not know if the top drift can longstope once they r through ore body.
I would think they can, otherwise bottom drift would habe been 1rst.
Lets say they hit guidance of 3000 tons per day hoist q4. So u have bottom low grade lateral ore mixed with se 1.5% short stope and maybe 2% longstope. So lets guess 1% ore. 3000 ton per day is 60 thousand pounds times 5 cad copper for 300 thousand dollars per day. Ten million per month.
That is profitable. So why the need for cfx interest deferal?? They want ncu to get satelites and open pit going.
This is no small calc.
nf