Hopefully we have reached the floor of the share price debacle. If so, some useful information over the last few months can't do much more damage, unless the project is a basket case already. First we need to have a reconciliation between the mine reserve. block grades and the throughput grade. Secondly we need to know the recovery percentage of manganese after processing through the mill. This is usually donr by regularly samoling of the tsilings. We know the optical sorter is not working efficiently resulting in clay stained manganese being rejected to the tailings. it is not clear to investors where the main problems are - and we need to know if current management are really making progress on solutions. Management needs to be more forthcoming with useful information.
E25 Price at posting:
45.5¢ Sentiment: None Disclosure: Held
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