re: Ann: First Premium Quality 68% Fe Magneti... I think I know...

re: Ann: First Premium Quality 68% Fe Magneti... I think I know why this announcement has been poorly received even though the content is quite positive. The Filter fix is fully operational (the main reason for low production rates) and other than the Polishing Circuit needing some more testing (its implemented!) and KML wanting some more time (say a month - not specified?) to bed down steady state production (individual areas of the Concentrator have already achieved their design rate!!), this announcement is what I was expecting!

The problem I see with this announcement is that everyone was waiting for nameplate to be declared and the bit that was not explained is when this will occur? We were told that it would come when the Polishing Circuit was delivered (implemented but still being tested) and Filter fixed (completed). So when will the Polishing Circuit testing be completed and can KML at that point declare nameplate has been achieved? sdo