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correct me if I am wrong, page-22

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    Q&A

    Dale Conders with Barrenjoey

    Morning David - I'm wondering if you can just provide sort of like your updated thoughts on the outlook for Orbost processing capacity - like how do we get through this, I guess, polishing unit issue. Is there any other capex that you're thinking needs to be spent to grow production rates from like currently 55 to 57TJ/day? How are you thinking about the frequency of absorber cleans? Where does that all get us to your next success case for average daily flow rate?


    David Maxwell (CEO)

    Thanks. I'll make a few comments and I'll ask Mike as well to add and to supplement anything that I say. What we've found with Orbost is the plant operates best when it's stable. Getting it into the sweet spot or the stable state and then gradually inching up the rate and we've seen that over the last couple of months. I mentioned we're currently at around 57TJday current cycle which is two absorbers. 57TJ/day, one absorber per week down for two and a half three days for a clean and while that's happening the plant's running at you know 36TJ/day.The next step is the return of the polishing unit um and we expect that to give us some small increase and incremental production now taking that 57 up towards 60 (you'd like to think).

    Once that's determined, as I mentioned in my in the introductory comments, is to commission the solids recovery package that's been installed and we'd expect that to be at the moment probably in the March/April type timing next year and the purpose of that is to effectively remove the cleaning cycles. So, you'd then be running at 60 and then you're averaging 60 and cleaning once a year and then at that point it's the time to then say okay well what's the what's the long-term stable rate with the kit as it's currently installed and then look at the opportunity for incremental capital investment to get it up above that rate and that's where we think about things like the possibility of a third absorber around there are and there are other options. That's the way that we're approaching it the way the way that we like to think about it is bringing real discipline to the process and finding that the stable rates and then keeping the keeping the plant in that stable rate window this is a plant that doesn't like wild fluctuations and past experience illustrates that. Mike, from an operations and technical point of view what you want to add to that.



 
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