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Ann: Development Progress - Lindi Jumbo Mine, page-6395

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Stirer

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11/07/24

15:49

Post #: 74711123
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Originally posted by SpareCash7: ↑

Precisely @Stirer. Just because the plant is running at 30, 40 or above 50% doesn’t mean the entire plant is restricted to this processing rate. They are all interlinked and if the focus for the entire month of July is to individually dial in each process of the plant taking one week at a time, then naturally the entire plant’s production rate will be reduced. Keep the super high grade stockpile until after this is done makes complete sense. The BS twister’s won’t have a bar of this though because it doesn’t suit their agenda. The US$5mil working capital was part of the plan as was a slow and methodical build up to full nameplate capacity. I have full confidence the plant is functioning as was expected. There is no known indicator to suggest otherwise.

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Also the delays in loading the ships because of the testing process by the Tanzanian government is basically a one off delay. Since the first batch to be shipped has been tested there would be a succession of orders since then that would have also been tested.
I expect once we hear of the first shipment then there will be more very soon afterwards.

WKT Price at posting: 10.8¢ Sentiment: Buy Disclosure: Held
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