At throughput rate of 50t for 24hs = 2.08 tons per hour produced..For each turn of the paddle is $1
If they achieve $1600 per ton product only 875 tons per month are required to cover OPEX US1.4 million
Which is 28 bags to cover OPEX at $1600 per ton product. Even at theoretical level of $900 per bag only 15 bags required to service the debt component…
The company has just given information via tweets that the shutdown has already started…Now two days into this 3 day shutdown
Clumping has been an issue where fines attached to the larger flake known as clumping…Due to this four products could not be offered but not for long…$$$
3500 odd bags already produced where 80% of consignments are paid once loaded onto the ships…Plenty of ships
Regards Croc
Ann: Development Progress - Lindi Jumbo Mine, page-7449
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