Yes that’s why I put “module” in parentheses; I certainly don’t misunderstand the term modular.
The key point is that the production capacity is progressive, and that equipment can be added to increase capacity, as circumstances and funding allows, rather than having to “start again” for a larger plant output.
Anyway, I think we are effectively aligned on our interpretation and understanding.
The key new bit of info in the announcement, afaict, is that the 2ktpa rate is only “valid” until Feb 2023. From that point in time, the production target increases to(wards) 10ktpa.
I suspect there were some questions put to Jerko from those who hadn’t done all their research, enquiring about what the “relatively small” 2ktpa was all about. Hence the clarification announcement.
All good!
Cheers
AGY Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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