Well sales guidance was met - CHECK! According to the slide presented to the Noosa Mining Council on 9 November, HMC sales for Mar qtr were 45, Jun 65 and Sep 92. So add in Dec of 110 = 312
No mention of production for the Dec qtr though. Experience tells me that bad news is often to be found in what is not said. Did they get to their guidance of 300-330 produced or were they selling down from stockpile?
A couple of questions of the IMA buffs on HC:
Is Project MORE proving up?
Delays are inevitable, but they are unbearable if we are heading towards a bad outcome.
It seems to me that the company are prepping us for this with comments like - move the plant to Atlas and use a small mobile plant at Boonanarring if required.
Can Atlas and the tenements at Helene and Hyperion provide us with long life?
I guess the question I am really hinting at is this: how long has IMA got as a producer based upon conservative known facts?
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