Stock levels look alright based on this picture included in the release... dont think they are in the position of providing mid-month stock positions... they usually get drones and surveying equipment etc to reconcile/audit stockpiles at the end of the quarter / reporting period.
If you think about the ramp up profile - the company has guided to being full ramped up in early calendar year 2026... fully ramped up is 50,000t per month or 600,000t per year. My rough rule of thumb is that next calendar year would average 10,000t/mth in Q1, 20,000t/mth in Q2, 30,000t/mth in Q3, 40,000t/mth in Q4 before achieving capacity early 2026. To be processing 18,000t in December seems to be well ahead of my estimates. Lets see the quarterly report next month and what stock levels, mining rates and recoveries are looking at.... who knows maybe we even get an exploration update for those who seem to be so infatuated by this despite the main thing going to move the needle at this point being the successful ramp up (inc grade reconciliation) of Federation..
Stock levels look alright based on this picture included in the...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $524.6M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.0¢ | $1.998M | 6.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200522 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 58814 | 6 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| AMI (ASX) Chart |