That preso you mentioned was not the best and was highlighted as such. Maybe research one back?
They haven’t breached the DFS, they updated it to reflect a larger pit as I explained but that is why a DFS is so important, it uses base case scenarios and added to as necessary.
Nameplate will be reached of course, and when it does we will be expanding again so it will change again. I expect they will hit nameplate within 5 months around their figures but I do think their grades might surprise slightly on the upside as it is the same orebody as PLS, but that is just my opinion.
I trust Altura’s management and if they have spent millions in achieving a figure set to best judge the company’s future performance then I will back them to be close. That is why I like companies that have major skin in the game too because you know they will be acting in the best interest of the company. I’m also very happy that we stay 100% owned
AJM Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
