Yes i know what it means, it means 700kts per annum and more sales but it also means higher mining costs, more processing costs and likely more losses.
I don't believe more than tripling throughput to 175kt in Dec Qtr is likely to happen. Throughput fell 10% this quarter when it is suppose to be ramping up.
This company has zero room for error without more financing support, and even at 26c is factoring in a $50m turnaround in EBITDA
Ann: Quarterly Activities and Cashflow Report - App 5B, page-6
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