G6M 5.88% 3.2¢ group 6 metals limited

Can I ask what seems a silly question but has me confused. the...

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    Can I ask what seems a silly question but has me confused.
    the preso in March this year states annual production 275,000mtu. Then one of offtakes talks about 98,000mtu approx 50% of planned production. I'm no mathematician but how do these figures align?
 
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