Don't be dissapointed!
- Guidance was not provided because they want to be fully confident (and that should happen next month).
- Production was down as per previous guidance
- Increased production costs are a direct consequence of (2)
- Borax is a nit in the overall scheme of things, however production is increasing, and profitability should improve with the devaluation of the Argentine peso in any case
- Phase 2 planning is not dependent on nameplate, and is continuing. Phase 2 is dependent on resolving the pond issue, but is not dependent on the purification circuit issues (though these seem to be solved) since Phase 2 will only include the primary circuit which has been performing well above specification
- Japan project seems to be progressing fine as far as I can see. It is dependent on Olaroz Stage 2 in any case so there is no immediate time constraint as farr as designing and building the plane
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
Don't be dissapointed! Guidance was not provided because they...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online