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Ann: Thickener Circuit Commissioning Complete and Operational, page-64

  1. 2,114 Posts.
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    My expectation is that ongoing sales/deliveries will not be announced unless perhaps new and significant customers, prices or output grades. The quarterlies will do the talking for sales and cash flows.

    Essentially they have told us that:
    1. 5000t initial production and delivery made to Minera (in the midst of Monsoons)
    2. Minera love the product and want up to 15,000t per month at varying grades
    3. Company is confident that they will be producing at nameplate capacity (which is a tad over the 15,000t per month) sometime next month.

    It would be fair and reasonable, IMO, to assume that production is occuring, and perhaps even delivery rather than just stockpiling. Let's also see what grades the thickening circuit will enable (either with ROM or blend as feed), as there are a couple of other (earlier) PO's from IFO and BMM still waiting to be filled.
 
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