Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

Absolutely, I had sillily jumped on top of the record 91% throughput rate of design capacity thinking it was for the month. But it was for a daily record. If they can achieve close to that daily record everyday it would result in a lot better production rates. profitable ?? probably not. But the Monthly average for March was around 60% of the record rate set for a day so they have the capability and room to move.

"In February, the rectification of defects within the ball mill drive assemblies was completed. Upon recommencement of milling operations, a record 24-hour throughput milestone was achieved by processing of 1,313 tonnes (dry). This achievement equates to average 54.7 tonnes per hour, which is 91% of the plant's design throughput of 60 tonnes per hour. The plant increased its daily average feed rate from 432 tonnes per day (tpd) in January to 790 tpd
in March. "

This concern still stands.

"Record 12,976 metric tonne units (mtu) of WO3 in tungsten concentrate shipped, resulting in cash receipts of $3.3 million"- Do the maths on this, and one may ask why in the latest "2024 NPV" did they update the Average sell price per MTU from 392AUD to 413AUD.