If you look at the build of materials for the LAMP you'll see that at the time they were buying them, to seed the LAMP with 846t of product would have cost about $170m. Which it never did. Hence my much lower estimate. Somewhere I read the tonnage they did buy, although I can't find that announcement I remember the basket price was just under $200/kg.
You told us during the last quarter that we knew Phase 1 was running at nameplate. That wasn't true then, nor do I think it is true now or the company would have announced it.
Goofy, I really hope it will operate at nameplate. I've always said that. But if wishes were fishes ....
Thanks for the info on the covenants.
No Mystery Here, page-11
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