The response I have received from PEN is that in their LOM Plan, they were budgeting for a level of sales during ramp-up below the expected level of production. That production forecast has been lowered due to some timing differences against the original Plan but the level of sales has not.
Therefore revenues in 2025 will not be below forecast, so the timing of attaining self sustaining cashflow is also unchanged.
Ann: Lance Project Update, page-15
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