Did I miss something in the last announcement,
"The debottlenecking capital works program to expand the Kipoi plant’s nameplate production capacity to 32,500tpa has now been completed."
and,
"Reinforcement of the Intermediate Leach Solution (ILS) pond has been completed (refer ASX announcement 25 October 2016), allowing production to be resumed at nameplate operating levels"
32.5ktpa gives the lower asic costs and >$2.60lb = happier days.
I thought the announcement brought good news to investors.
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- Ann: Tiger achieves revised 2016 Annual Guidance at Kipoi
Ann: Tiger achieves revised 2016 Annual Guidance at Kipoi, page-12
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