From the investor presentation company indicated the intention to initially ramp up production to 2Mtpa but also that it is permitted to go to 6Mtpa. Ambitious plans. Not sure on details on today's announcement but obviously they are planning to increase production over time - just how exactly and in what timeframe is as yet unknown - history tells us there's bound to be delays along the way but company seems ambitious - that's good to see - it will be better if or when targets are achieved - this stage leaning toward if.
Current sp is nothing short of an abomination but then 2Mtpa production is not yet achieved but something to look forward to and if met sp will respond accordingly and holders will no doubt be happier. AIMO
CKA Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held
