ADN 11.1% 1.6¢ andromeda metals limited

Ann: Procurement of Long Lead Items for the Great White Project, page-434

  1. 669 Posts.
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    Taken from the announcement on Friday:

    When fully operational, the starter plant is planned to process 100,000 t/pa of GWKP ore, resulting in nameplate production of 50,000 t/pa of product to fulfil customer agreements, and samples for prospective customers to evaluate.

    The output from the starter plant is expected to deliver Great White KCM™90 and Great White HRM™, with the plan to scale up in thefirst 3 years of operation to meet expected increasing demand and produceother products in line with customer needs.

    Page 2 of DFS states:

    Stage One
    o Processing at a nominal rate of 300,000 tpa of ore for 24 months into 138,000 tpa (nominal) of kaolin concentrate product (Great White KCMTM 90) and 15,000 tpa (nominal) (Great White HRMTM).

    I have highligted for as this is the key word again. The above states they will process 300k for 24 months. I cant see where it states In 24 months, happy to be proven wrong on time line.


 
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