mj, you can improve output processes as much as you like, but if you haven't got the input grades then it won't make any difference. The profitability depends on the grade. Note that they haven't said WHAT the grade is, OR given an estimate of what the monthly production will be.
Until they, and we, know that we can't tell if it is a gross over-reaction by the market.
Ann: Operations Update , page-8
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