TAW 0.00% 31.0¢ tawana resources nl

Ann: Diggers and Dealers Investor Presentation, page-135

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    "year 2018–2019 to produce 300,000 t/a of spodumene concentrate"

    Commencing end of July? Will need to ship ~25kt per month. The next shipment (5th) is key to set the trend for this contentious target.

    What we know so far:
    - Shipments so far ~28.5kt, the last shipment left the dock 1st Aug (Pan Jasmine)
    - Primero (plant operator) has posted 40kt of product produced on 9th Aug

    So we have ~11.5kt of spod that hasn't been shipped yet? The next shipment should be around end of Aug/early Sep. Let's say 20 days (from 9th Aug and allowing a few days to truck to port) to produce a further ~13.5kt. This is achievable with 206tph (July average) throughput rate. So then we will have ~25kt for the 5th shipment. Hopefully by then (if not already) we would have optimised to 240tph, and then monthly shipments will be ~25kt for just DMS1 (no fines). AIMO.
 
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