If you read both updates again, I think you will find that it hasn't been pushed back at all.
May
The Company is targeting to achieve continuous production operations from end of Q2- CY2023.
June
Current commissioning works have progressed to a semi-continuous operations phase, with planned upcoming works targeting to achieve continuous operations and leading to ramping up production operations during H2-CY2023.
Continuous production, or operations is not ramp up. These are different things, first you run the plant in continuous production, then you ramp up.
Ramping up production operations during H2-CY2023 is not a relevant timeline to the planned upcoming works to achieve continuous operations in this sentence. The way I read this is that the upcoming work to achieve continuous operations is planned (booked in, scheduled to take place) now. They will be undertaking this work right now and throughout this month. Ramp up was never going to be completed by the end of this month and was not stated to be at any point.
AGY Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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