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clock Created with Sketch. 18/09/19
17:19
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Originally posted by vicco11:
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Of course there's hope. Taronga (the company maker) has approvals after a 5 year process, we have highly prospective tenements in QLD for Nickel and Cobolt, the tin price (along with nickel and cobalt) is showing good signs with demand expected to exceed supply in the future. Granville finally has a crusher and everything else is in place + the waste rock deal should be finalised soon.Peter Williams : We're real excited by this development. It's a major milestone for us and it'll be the first time since we actually commenced the operations that we can now deliver crushed, high grade skarn material from the mine to the processing plant. Our expectations with the delivery of that crushed high grade material is that that we'll see throughput at the processing plant increase as will concentrate production. And given our costs are relatively fixed, this means that we should move towards positive cashflow.
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Not much of the quarter left, by my calc, there's only 7 business days left.
