KCN 0.00% $1.28 kingsgate consolidated limited.

JG's not shy in a bit of exaggeration of the truth.Plant#1 name...

  1. 633 Posts.
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    JG's not shy in a bit of exaggeration of the truth.
    Plant#1 name plate 2.3M tonnes + plant #2 name plate 2.7M tonnes "so together that's 5.5mM tonnes" ????
    "but we've historically run that at 6M tonnes or better"???? This is about 5:30 into presentation.
    Upon some research the Chatree plants have only bettered 6M tonnes once in the 5 years that both plants were running.
    Ore treated
    FY12 - 4.99M Tonnes
    FY13 - 5.70M Tonnes
    FY14 - 6.23M Tonnes
    FY15 - 5.28M Tonnes
    FY16 - 5.51M Tonnes

    I'll cut him some slack it looks like 5.5 to 6.0 M tonnes of treated ore should be consistent possibility in the future, which is quite a bit of an improvement on the 5m tonnes slated in the last quarterly.

    Overall though, the presentation didn't divulge any new info, just a show & tell for the aussie mining community as expected.
 
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