The SXEW plant which is the main game is doing very well and will reach nameplate earlier than expected in September, production guidance for 2014 increased.
The HMS plant which is old and being phased out didn't produce very well due to the crappy ore being fed into it, not really an issue anymore as we have SXEW pumping out cathode. Seems they might shut this down earlier than expected and use it for the SXEW feed.
21m cash left, overall i'll say it's an OK quarterly, with the next one to be a lot better.
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- Ann: June 2014 Quarterly Activities Report
Ann: June 2014 Quarterly Activities Report, page-3
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