STA 0.00% 9.5¢ strandline resources limited

Ann: Quarterly Activities and Cashflow Report, page-5

  1. 2ic
    5,868 Posts.
    lightbulb Created with Sketch. 4864
    We don't know how much HM is in the HMC, so we can't even guess at recoveries. 95% HM in HMC is design, but it might be 85% and the rest silicates.

    The obvious commissioning concern is WCP throughput while hitting plant design availability and recoveries, as per Qtrly

    https://hotcopper.com.au/data/attachments/5013/5013147-332283c4e40d5c246db9091704b130c5.jpg
    They started commissioning 2 Nov and declared commercial production 18 Nov (meaning everything is running close to design at commercial rates). At 23.4Mtpa mining rate through the WPC, over 1.5 months to Dec 31st, 3Mt would be mined through the WPC, but they only ran through 1Mt...
    That looks very low considering commercial production was declared mid November confused.png

    https://hotcopper.com.au/data/attachments/5013/5013140-6e0cad7abd83e4a6848b111c7c4ddddd.jpg




 
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