There was some Q&A comment on the production guidance at around the 36 minute mark.1&2 have potential to show some upside benefit - it is probably safe to view 5% as an "under promise" scenario.
- They have the taken the lowest evaporation rate for each month over the last 3 years to derive a very conservative evaporation position.
- They have factored in the completed ponds for part of the year only.
- They have allowed for major maintenance to the reactors in August and February.
As for CTO - Losada was COO. Not exactly the same role but as far as that goes, I am not sure they have a CTO.
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