It is a bit disconcerting that the presentation is quiet about first shipment of concentrate. There has also been no press release on this. Using the information on slide 14 the monthly treatment rate should be about 22,000 tonnes at a zinc grade of 5%. As the plan was to feed lower grade material initially, let's assume it is 4% Zn. Assuming a recovery of 80% into a concentrate of 50% Zn should give more than 1,400 tonnes. That is enough to fill 47 containers/trucks. Add to this lead concentrate and one would expect that the total warrants a shipment. Why can this management not keep its shareholders properly informed?
Ann: Updated Corporate Presentation, page-2
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