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clock Created with Sketch. 29/09/19
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Originally posted by zebster:
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It's not as wow as you might think. I think you're confusing actual quarterly metrics with forecast annual metrics. Production was 1.5kt contained Ni for the June quarter. In the most recent update (3 Sept update), the production for July and August were tracking along similar lines, which was much less than originally anticipated, given the project is currently in ramp-up phase.
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Have no idea why they still keep such high production guidance and try to keep missing the guidance. May be it is relative to the recent issuing. Further revision for sure. But it seems share price in 28c to 30c incorporate all the expected future downward revision.
(20min delay)