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Ann: Development Progress - Lindi Jumbo Mine, page-101

  1. 16,021 Posts.
    lightbulb Created with Sketch. 6865
    Finally you are getting it.

    The EPC contract clearly stated it is an 840-tonne-per-day production facility,

    840 tpd x 365 days = 306k tpa.

    It is really sad even after Mike had to correct you on Twitter, detailing that the plant's capacity is only 300k tonnes and the mine will operate 24/7 you still believe they are building the much more expensive / larger production facility. To claim there is no difference in 840 to 1000 tonnes per day is utter BS, that is 20% difference in the plant capacity and the smaller plant would be cheaper to purchase, which brings us back to the CAPEX blow out and the BS there is only a small variation. You purchased an much smaller production facility which is the main reason you are inline with your capex, along with moving most of the labs, power etc from the EPC contract.

    Last edited by spid81: 10/09/23
 
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