They projected a recovery rate of between 70% to 80% for sulphate.
It’s still a work in progress and probably unrealistic to expect instant results. Also quite a few other issues with Bartons and open pits grades and water shortages etc. I guess we can at least be assured they are doing their best to improve the recovery rates.
IMO the company should be providing shareholders with an update on the plant and production on a regular basis.
Moy seems to prefer to lump all its news together in its announcements, which is frustrating for shareholders.
MOY Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
