I think you are losing the plot here.
I was countering part of Owen's post above, namely,
"A nameplate capacity of 800ktpa plant should easily put out 18ktpa of copper at 2.55% 90% run time. Either they are not keen to run the plant at capacity or the grade has come down. So that is 2 years running at 12-15ktpa. That is 6 to 3ktpa less than promised."
I replied to Owen with,
"No broken promises from management that I can see." based on my arguments in my post above.
Increasing to production of 15,000 tpa by 2018 is a good thing and having a licence for 18,000 tpa that allows room for expansion is a good thing.
I don't believe that the current plant can achieve above 12,000 tpa in it's current configuration or AVB would have said otherwise.
Why do we have to wait until 2018 to get to 15,000 tpa? I don't know but common sense says that if the current plant was capable of doing this then you would expect 15,000 tpa before 2018. Unless, as I suspect, it needs to expand first.
Now, this expansion may be simple and not that expensive as we have been told that the crush, grind, float & filter are already capable of 800,000 tpa.
But it may mean taking the plant off line for various periods and I'm guessing that our management want to bank as much money as possible from 2016 to 2017 before expanding to 15,000 tpa in 2018.
What did you hear in the numerous detailed conversations at AGM's and were you sober at the time?
