GBG 0.00% 2.9¢ gindalbie metals ltd

namplate, page-4

  1. 1,362 Posts.
    My comments re the moormaster system were simply a general reference to the fact that there were issues. As per the quarterly, 'The moormaster automated mooring system installed on Berth 7 has not performed to specifications during commissioning.' The report goes on to say that 'the problems encountered with the moormaster system are not expected to have any impact on KMLs ability to reach stage 1 nameplate capacity.'

    That there are issues is what I was identifying. That these issues are 'not expected' to adversely impact nameplate is a similarly general reference to future operating efficiency. Am personally anticipating that the 68% mag will be spewing off the conveyors onto the appropriately secured vessels at nameplate capacity in the not to distant future. Have topped up again this morning in anticipation of this. Time for the faithful believers to be rewarded IMHO.
 
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