Nothing new there at all. CEO has said this many times, 15k Tpa+...

Nothing new there at all.

CEO has said this many times, 15k Tpa+ was the target, in fact its been 15kt-20ktpa target for 18 months now
growing the business means starting production at a lower rate for BS then increasing to 15-20ktpa
The prior 2018 DFS stated 8ktpa SS to BS
The 2014 DFS stated 10ktpa W to BS
MST Access stated 8ktpa for 25 years LOM 18 months ago..nothing new at all.

What it does show is their targets are not changed and they are looking long term
Plus the LOM will be well over 5-10 years.
The lower the production the longer the LOM and the less staff so lower wage costs.
We all knew that the initial production rate was going to be 8ktpa -12ktpa not 15ktpa and it would build to 15ktpa-20ktpa then to the fabled 53ktpa i have calculated.

Still thats $280Mpa revenue increasing to $530Mpa then to $700Mpa then to that max capacity of $1,500Mpa on current NP assuming it doesnt go higher which it will if not triple imho.
Its a PAN playbook, low production startup using LG ore say grade of 1.23% like PAN using low blend rates from high grade at GS SS.
Once again nothing new.

looks like the seller got Punk'd cheap yet again
a dump of 20M shares
Looks like AFAF Citi or the capper/suitor again.

Just when you thought it was a boring low volume day, a report that changes nothing leads another to sell at a massive loss of wealth to the hungry accumulaters down low.

DUFUS sell at 3 year lows, gotta hurt the net worth value badly.