"planned schedule" is the key phrase and if the professionals...

"planned schedule" is the key phrase and if the professionals planned it that way it must have been for a reason. Just I'm a suspicious bastard, too many years reading ASX companies fail to deliver on 'guidance' because the truth is only a last resort confession when all other options are closed. Can't get that reference to the DMU not completed or a port organised in that last Glode research report out of my mind...

I'm no project developer expert, but I can go to school well enough, let's see how STA did it last year. 21 July'22 they said
"Structural and mechanical construction of the WCP and power station is substantially complete, with priorities now shifting to installation of in-plant piping, electrical equipment and bore headworks in preparation for commencement of commissioning."...

SFX says today
"The major Wet Concentrate Plant and Concentrate Upgrade Plant components including spirals, wet high intensity magnet separators (WHIMS),piping, electrical and mechanical systems have been progressively installed"


Not exactly the same stage, but can;t be too far apart right. Well, here are the three Coburn DMU on site same 21 July release...

So riddle me this... if Coburn also had to remove overburden before dragging into place their DMU's... why did they 'schedule' and receive their DMU's before the Wet plant was finished?

Assume 30 days shipping plus another 30 days to finish construction/testing, get to port China, truck from port WA to site, so 'schedule' must have it on-site ready for installation by mid Aug. Hard to reconcile Coburn's approach with TB schedule, looks like the TB wet plant will be ready for commissioning well before mid-late Aug at earliest.

For reference, STA went from the picture above 21 July, to "Commissioning of Wet Concentration Plant at Strandline’s Coburn mineral sands project in WA progressing strongly, with water commissioning and sequence testing underway" on 13th October, then achieving "commercial HMC production" and "Ore commissioning of Wet Concentration Plant (WCP) at Coburn project is ramping up" on 18th Nov.

That's four months for HMC in commercial quantities out of the wet plant from above, so if we assume TB wet plant is one month behind where Coburn was 21 July, then TB is heading towards announce commercial production around mid December (second half as guided). I retract the over-promise and under-deliver comment from previous post