Out of the report Q4.16 (page 3):
"Kipoi Debottlenecking:
The debottlenecking capital works program was successfully completed. This expands Kipoi’s SXEW nameplate production capacity by 30% from 25,000 to 32,500 tonnes per annum of copper cathode."
So what they are telling us is IMO this:
Just the main work to expand the debottlenecking is complete but the expansion is still in progress and isn't on its nameplate so far!! So as a result we wouldn't see a 32.5kt for 2017!
And that's why I am expecting a ~28-30kt production with an aisc of 1.60-1.65 for 2017.. if there no more costs for the ponds and other issues (incidents!)!
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- Ann: December 2016 Quarterly Activities Report
Ann: December 2016 Quarterly Activities Report, page-24
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