Low grade stockpiles is connected to uncertainty about short term debts and potential raisings (or worse).
Grade actually fell in the recently announced months (0.42 to 0.40 inferred, from memory).
People may worry that this grade is not even profitable. I think it's profitable, but not enough to cover refurbishment CAPEX and debt repayment.
Proper grades would give people confidence that the processing is actually profitable, and cash is accumulating for debt repayment (short term debts are the highest risk thing about KCN).
Lotus Hall changed their advertisement from 2x excavator drivers, to 11x mixed drivers.
Mining ongoing, and just scaling up for 2 plants? Maybe already having reached scale for 1 plant? Unless this is to scale up for 1 plant.
Bring Back Wayne Schiller --> Make Wayne CEO, page-62
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