Ann: Lindi Jumbo gears up for first graphite concentrate export, page-758

How continually wrong can someone get it. Living in denial now. Evidence provided today proves Spid new and fake news failed to calculate plant capacity and recovery levels by a massive 57.5% and 38.5% respectively. If someone decided to base their investment on fake news calculations of 37,375tpa ( 42,960tpa 87% recovery. Not 70%) the revenue missing would equate to 5,585tpa x US$1515/t (DFS expectations being achieved in Europe). US$8,461,275 in miscalculated recovery revenue alone by fake news. Add in the additional 57.5% extra capacity also miscalculated by fake news and the total missed production becomes (42,690 + 57.5 extra plant capacity equals 67,662tpa. 87% recovery reduces this to 58,865tpa). Using the potentially 58kt against fake news 30kt (42,960 70% recovery) you end up with a gaping 28,000t missed product per annum. That’s around US$42mil. Almost 2 times Gemcorp’s total debt facility. That’s not even using total potential revenues, it’s just based on the calculation by fake news when calculating plant capacity and recovery levels. How did fake news get it so wrong.