ELE 0.00% 0.5¢ elmore ltd

Ann: Phase Two Wet Plant - Component Full Load Testing Continues, page-10

  1. 3,284 Posts.
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    The ore from the dry plant is already probably 56-58% so you wouldn't want to test the capability of your new wet plant with that. Kind of makes sense to use the lowest grade product available to see what it can achieve.

    Up until this point I think they were running test ore through individual components one at a time, now that commissioning is completed (today) they will ramp up their input over the next week and let it run through the entire plant.

    If my interpretation is correct we will be ready for full production in a week if everything continues to go on track?

    On track for money finally coming in. Means we should have our first quarterly by Q1/Q2 where we don't post a loss for the first time ever. Unless the options money this quarter in combo with production is enough to make this quarter our first non loss quarter.

    Very exciting considering how many companies never reach that point
    Last edited by Timtator: 01/12/16
 
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