"Only a third of this capacity is needed for buoyancy".
You are one of the handful of investors on the asx who believe the 2019 DFS free cash margin of $1,000 per tonne. Now that the plant is built we can wait for the actual numbers to be revealed for the September quarter in several months time. "Buoyancy" as you describe it is not guaranteed even for 60,000 tonnes per annum of concentrate as the company is yet to demonstrate that it can produce anywhere near the circa 50 percent jumbo flakes forecast in the DFS or at the price per tonne forecast in the same document.
Ann: Development Progress - Lindi Jumbo Mine, page-6375
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Mkt cap ! $77.19M | |||
| Open | High | Low | Value | Volume |
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