1MC

0.00%

3.0¢ morella corporation limited

Ann: Quarterly Activities Report, page-164

First 164 Last

Share
Profile

Follow
SimonGr

3,447 Posts.

940

02/02/20

20:20

Post #: 42704135
Share

Originally posted by sabine: ↑

Hello Simon ..
It’s good to hear your perspectives and I looked back at some relevant posts ...
You said something about Ken Brinsden saying Altura achieving 70% had been a special situation due to the ore it was working with, and that he had said those recoveries had been for a short time only.
But you say they were working with lower grade ore at the time?

The technical aspects of recovery rates ratio to spodumene percentage in ore are way beyond my ken and I expect someone like @johnwightman would be more able to address the issue ...

But I do know AJM management have put a lot of work and money into upgrading plant and fine tuning its processes....
It also added a night shift, one week in three from last August.
And that costs have come down as production has increased (close to nameplate levels ).

- all of that implies acceptable recovery rates?
But are you saying you think the figures might be dodgy ?

I know that, as Gascoyne Resources was going under, it suddenly announced an incredible gold find that pumped the price and had no follow through.
That was extremely ugly, and I guess a desperate company will do anything in desperate times but Altura has been in high level financing consultations for two months now - except for Christmas ....
if there was anything untoward about past recovery rates I am sure it would have been brought up.

Maybe I am being obtuse and missing the point ?

cheers

Expand

Sabine - you've confused me... above are all AJM numbers from their qrtlies (KB - PLS? did he comment on AJM?). Grades and recoveries posted are averages over the qrt (except when noted as peaks or similar).

Cheers, Simon

AJM Price at posting: 6.3¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

IMA

Issues emerging as Australian companies tackle critical minerals challenge

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

There are more pages in this discussion • 17 more messages in this thread...

First 164 Last

Add 1MC (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $8.364M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$17.16K	584.2K

Buyers (Bids)

No.	Vol.	Price($)
1	81157	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	374484	6

View Market Depth

No.	Vol.	Price($)
1	81157	0.030
2	347644	0.029
2	85700	0.028
1	61938	0.027
1	37074	0.026

Price($)	Vol.	No.
0.031	364484	5
0.032	92168	2
0.033	378549	3
0.035	200000	1
0.040	40000	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

1MC (ASX) Chart

Ann: Quarterly Activities Report, page-164

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Cauldron Energy reports "excellent" uranium assays in latest drill run

Issues emerging as Australian companies tackle critical minerals challenge

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities Report, page-164

Top Stories

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Cauldron Energy reports "excellent" uranium assays in latest drill run

Issues emerging as Australian companies tackle critical minerals challenge

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News