If the lower grade can be produced 'faster', then you're implying that the capacity for the plant has respectively increased, and this should have been announced to the market. As it hasn't been announced, I think you're incorrect.
If we do achieve increased recovery rate, I think we're looking at an opportunity to increase profits ontop of this quarter, regardless of the increasing spod price.
As mentioned, our operation is now running at nameplate capacity. We can't squeeze anything else out of our operation, other than to increase the recovery rate.
Other than that, we wait till P680.
I'll just add, operating at name plate capacity isn't an easy task. Not only do you have to master your equipment, but you also have to ensure you're mining operation is performing too, And considering AKE's last quarter performance, it isn't easy.
- Forums
- ASX - By Stock
- PLS
- Good News & Bad News
Good News & Bad News, page-17429
-
- There are more pages in this discussion • 29,701 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.87 |
Change
-0.010(0.35%) |
Mkt cap ! $8.642B |
Open | High | Low | Value | Volume |
$2.91 | $2.94 | $2.83 | $58.15M | 20.23M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 137974 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.88 | 2100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 137974 | 2.870 |
18 | 139384 | 2.860 |
28 | 561359 | 2.850 |
15 | 300701 | 2.840 |
36 | 369701 | 2.830 |
Price($) | Vol. | No. |
---|---|---|
2.880 | 100 | 1 |
2.890 | 33166 | 4 |
2.900 | 203240 | 8 |
2.910 | 584545 | 8 |
2.920 | 273452 | 10 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online