IMO management are very confident they will have enough for the expansion to 450,000 per month. I think they have already alluded to sufficient ore at that rate for plant life of ten years meaning a confidence of considerably more ore. The strength of this management is that they make sure before committing. The expansion if approved will possibly be in several stages i.e. the first stage could very well be as simple as extra shifts which may produce 100,000 tonne, followed by plant expansion.
IMO now PLS has a MOU I believe Lionergy and Optimun Nanno will want to quickly tie up the 270,000 tonne.
AJM Chart, page-1732
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