You do understand this is the June 2021 Quarterly right ending...

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ShareBeers

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30/07/21

18:45

Post #: 54916810
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Originally posted by Ajax: ↑

Sort of what I expected.

All the statements on this forum about announcements that trucking ore has commenced (with mandatory winking smiley faces) amount to zilch.

From the quarterly report:-

"... Once steady state production is achieved the next phase of the commissioning process will include continuous ore haulage and delivery of
saleable product to the Port of Burnie, followed by the final phase of loading the first ore shipment.
The Company continues to prepare for full operational start-up as plant commissioning nears completion.
Venture has recommenced mining activities with Launceston-based Shaw Contracting, whilst Qube continues
to prepare for the commencement of continuous ore haulage."

Steady state production not yet been achieved and no iron ore has been hauled. That will happen in the next phase of the commissioning process.

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You do understand this is the June 2021 Quarterly right ending 30 JUNE 2021 and today is 30 JULY 2021 and significant things have happened in the last 30 days.

You may want to check the following thread:

https://hotcopper.com.au/threads/riley-iron-ore-mine-progress-photos-and-calculations.6185037/

Last edited by ShareBeers: 30/07/21

VMS Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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