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Ann: Half Yearly Report and Accounts, page-46

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Kenco

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22/03/23

10:38

Post #: 66894719
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Originally posted by tropic: ↑

Thanks ken.
That is very helpful information and provides much needed clarity.

So I take it that DP is saying from his email that construction will be finalized by end of June 23 and then the commissioning process begins(will take about 3 months) for production start in Oct 23. The 5 stages of commissioning make sense and explains the September time frame. Don't know why they had not put this(commissioning process) up on their website.

I too have a few residual concerns - The seven equipment packages that remained to be tendered and delivery of what remained to be awarded. Hopefully we will get a more detailed update on this in the next quarterly.

We are near end of March, so assuming they have issued call for tenders on those 7 packages they will need time to receive tenders and close, evaluate and award and then supplier needs to construct(or off the shelf) and deliver before June so they can be included in construction. Let's hope most of those are off-the-shelf.

Taking the update in the financial report with the email and update on the tenders would have made for an excellent standalone March Company update

Once again thanks for the info - great work.

We have two big events in April - announce location of the 100,000tpa plant and the quarterly. Last year we got the quarterly on 29th April so still more than a month away.

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Thank you very much

100.000 not April it is March or not ??

LMG Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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