So with the current shutdown of the processing plant, does anyone think we will increase/upgrade the plant?
The current figures with a small increase in grades will only see us produce 200/250 tonnes of tin a year. Whilst that's a long way off the 550 tonnes initially quoted, they will at least now know what is needed in the plant to hit the quoted targets. Surely an additional sorting table that isn't 30yrs old would substantially increase results.
With NM's commitment of an interest free loan, I think it is the first material evidence we have, that he won't let this fail under any circumstance. After all this is his largest personal holding.
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- Ann: Operations Update - Granville and Taronga Tin Projects
Ann: Operations Update - Granville and Taronga Tin Projects, page-121
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