For anyone that missed it
2 points that stood out to me (they seem to be tempering market expectations)
- flexibility with product specifications
target concentrate was 6% (then mentioned 'still is') - then continues to say "not many of our competitors are punching out 6% - so there is opportunity to look at an alternative grade and get the benefit of recovery and cost".
- recoveries of >70% expected by Q4 2025
in other words, recoveries will be lower in the beginning, and for about a year or so
I felt like those 2 points were made so that the market isnt too disappointed when they release initial results as they go
I guess its to be expected, and thats why theres always mention of 'ramp up risks' etc.
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