They haven't been able to achieve any better than 175,000 tons P/A over several years of trying and has only got worse...not sure how anyone could genuinely believe that they could get it up to 1.1Mt.
They have lost close to $25M just over the previous 2 Quarter's. Let's see what today's Quarterly shows.
So what are we left with now? A shell Company still paying good wages to JB and the board.
Ann: Element 25 Commences Butcherbird Stage 2 Expansion, page-5
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