On page 3, company highlights,
"Endeavor Mine NSW ramp up to normal
production on track to achieve an annualised
production rate of 1.2 million tpa in the final
quarter of 2006."
The way i read this is that full production is 1.2mtpa.
We are currently in the 4th quarter, therefore, to achieve that rate for the final quarter's production the mine must already be producing at that rate given we are already in October. However, on second glance i do see how they could mean this to say "at some point" in the 4th quarter full production would be met. Actually, i think you are right. Slightly misleading though.
big news coming, page-21
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