The DFS called for 4 MTPA mill but we purchased a 4.5 instead.
I dont know how a 4.5 capacity mill can process 5.5. Aparently we have quite soft ore so maybe that's how, wiser people than me might might be able to confirm this.
I have gone through the update in detail and compared us to Caprocorn ASX CMM, a 1.7bn company. This year we will produce about the same amount if gold for about the same AISC.
Our share price is ridiculously low, despite this incredibly disappointing start. It will have to correct.
TIE Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held