E25 4.76% 20.0¢ element 25 limited

Ann: Quarterly Activities Report, page-24

  1. 66 Posts.
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    If you read the section just after what you underlined in red you would realise that your production calculation is way off - production relates to three months worth of shipment volume, not two.

    You're right in saying that the numbers aren't there yet for the ore business though, but there is obviously a bigger picture at play.
 
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