Share
6,955 Posts.
lightbulb Created with Sketch. 281
clock Created with Sketch.
28/02/23
14:47
Share
Originally posted by Jgr64:
↑
TCF, define what you mean by commercial production? What they’ve told us is they produced 780 tonnes in the December quarter (260 tonnes a month), and are targeting 60,000 tonnes run rate (5,000 tonnes a month) by June. in its simplest form, if you straight line those numbers you get: Dec: 260tns/month Jan: 1050tns/month Feb: 1840tns/month Mar: 2630tns/month Apr: 3420tns/month May: 4210tns/month Jun: 5,000tns/month There is no expectation they’ll be pumping out 7-8,000 tons a month at the moment. All we can hope for is steady improvements in production in line with the ramp up. They have often put out “Operations Updates” at the end of each month between Quarterly’s, so hope there is one coming in the next few days which will tells us where we are at the moment.
Expand
”Commercial production” being able to produce product that enables the company to pay its bills and make a profit. You no doubt have another definition. Your Jan, Feb, March, April, May and June figures are gut feel, speculative and wing and a prayer? Where did you get your numbers from? Back to the kneeling position with head bowed and hands firmly clasped 64. I hope you are close to whom you’re talking to. GLAH