MKR manuka resources ltd.
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Ann: Announcement - Execution of Term Sheet for purchase of TTR, page-39

  1. Gratton44
    619 Posts.
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    04/08/22
    10:35
    Post #: 62916819
    "The main problem was their plant couldn't process the ore fast enough" - yeah there was definitely something funny going on with that plant that was never explained in any announcement. There were some quarters where the tonnes per hour rate was ~30-35t from memory. That plant can handle 100tph and they processed all the tonnes received. I remember BOK had it up around 60tph in 2015.

    Maybe they couldn't mine/haul fast enough, but they definitely were not mill-constrained.
    MKR Price at posting: 17.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.002(5.41%) 		Mkt cap ! $34.17M
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