LMG 3.45% 3.0¢ latrobe magnesium limited

Ann: Latrobe Magnesium Completes $4.2M Placement, page-7

  1. 1,913 Posts.
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    Good News.
    "This resource calculation will determine LMG’s ability to increase the scale of production of its expanded 10,000tpa plant."
    It was my understanding that the 1000tpa plant would remain a stand alone plant and the 10,000tpa plant was a separate project. It seems now that if the wet commissioning is successful and yields from the demo plant are within expectations that they intend to EXPAND the 1000tpa plant to a 10,000tpa plant.

    However it then says:
    This resource calculation will determine LMG’s ability to increase the scale of production of its expanded 10,000tpa plant.

    "increase the scale of production" implies to me that if the resource is large enough they will expand to greater than 10,000tpa.

    I wish they had someone with a good command of the English language review these announcements! Am I mis-interpreting?
 
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