As with the initial start up back in February. They seemed to actually take ages to declare the plant was operating. I recall people being annoyed and wondering 'how long does it take to complete the last5% to 2% of the build?'
In the quarterly we are still being told 'we are ramping up to 8000 TPA....well, if after 3 months or so you have not got a RATE OF PRODUCTION equivalent to 8000 TPA what rate of production has been achieved? I think it is fair for shareholders to know that information. Then, when do they expect to hit a rate that is equivalent to 8000 TPA? If one thinks about it, if they are not yet at 8000 TPA rate then how long will it take to get to the much lauded 16000 TPA ?
I mean one would be honest saying, 'we will ramp up to 16000 TPA' even if it is going to take 3 years to get there!
Now, I am not saying that we are being misled. What I am saying is that for such an apparent high quality management and board shareholders should really expect more information and guidance.
Don't you think?
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