We are indebted to Audax for his recording of the shipments. It is our best indicator of progress of production. And as Funkyroski has pointed out shipments in October are at the same rate as nameplate.
However we should not too carried away as BB notes a difference between shipments and production, and as indicated by ORE, there is modification to the plant to proceed in Nov/Dec - which may impact on production - and nameplate production rate with battery quality will not be until after that.
As indicated in the last report, ORE is also lucky with the pricing of 'industrial' quality. Currently there seems little monetary incentive to produce at 'battery' grade. After the upgrade in December there ORE will be able to just produce carbonate and sell into whatever market makes sense.
ORE Price at posting:
$3.61 Sentiment: None Disclosure: Held
