Sorry not clear for me. I read it differently from previous reports. From Sep quarterly "In August 2024, NIMCIX 1 achieved nameplate capacity. NIMCIX 2 is now operational as production ramp-up continues"But in the table "Table 1: Operational physicals for the September 2024 Quarter as compared to the June Quater 2024" Its states that only NIMCIX 1 is operational for both June and Sep quarters. My take on this is that they only include the count of a tower if it is out of ramp-up phase.
From the Dec quarterly report
" NIMCIX column 3 ramping up; Columns 1 and 2 operating at nameplate capacity; Commissioning of Kiln 2 completed; Now operating"
From the latest release
From the half yearly. "The continued increase in production was enabled by the completion of key milestones, including the following: • Installation and commissioning of NIMCIX column 2 and column 3 • Achieving nameplate capacity for NIMCIX column 1 and column 2 • Commissioning of Kiln 2 (the final kiln required to achieve nameplate capacity)"
From the Dec quarterly report
" NIMCIX column 3 ramping up; Columns 1 and 2 operating at nameplate capacity; Commissioning of Kiln 2 completed; Now operating"
From the latest report. "commencing operations from IX Column 3 towards the back end of the quarter"Is this referring to the march quarter or the dec quarter as commencing operations implies the beginning of ramp up.
My assumptions (which could be wrong) was 1&2 going gangbusters at nameplate capacity for the majority of the dec quarter with column 3 chipping in towards the end of Dec quarter.
It could explain this chart. Production slowing
On the upside this could be just a hiccup with no long term issues. "Commissioning of the kiln and baghouse (as part of the drying and packing area) took longer than expected during the quarter. These challenges are being resolved and not expected to impact ramp up targets"
Maybe they also need to do a little more work on the presentation before it goes public!!! Table 1 states "Table 1: Operational physicals for the December 2024 Quarter as compared to the September Quarter 2024" and then starts providing info in the Dec and March Q.
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