Love loving the tweets coming from Lindi Jumbo ATM. What was it yesterday, $1per paddle per second over numerous float cells is believe it or not in line with Lindi Jumbo’s projected 40ktpa US$60mil production outcome. We know throughput was above 30tph back at the beginning of this month with plans to increase the 45tph. At 45tph the commissioning phase will truly stress test the plant as this is above the throughput needed to produce 40ktpa. We now know the plant is operating entire 12h shifts which is amazing. Even with a throughput of 35tph at recovery levels around 70% this is equivalent to concentrates on par with 5tph. To think the project is producing 60t of concentrate or even more in half a day at this point of commissioning is a fantastic outcome for shareholders. With all grades now being produced in spec and plant ramp up a continual focus the plant now appears to be functioning in line with DFS expectations. The fact Lindi is reaching 2019 DFS prices currently selling into Europe is a further sign the plant has met company expectations of producing the premium product they had hope for. Looking forward to more tweets describing how successful Lindi has become. With TLS almost behind us and July 4 fast approaching it might be time to lock down holders as expectations around Lindi and WKT start to build even further.
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Ann: Development Progress - Lindi Jumbo Mine, page-6186
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