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11.5¢ valence industries limited

"Achieved plant capacity of 20 tonnes per hour (tph) feed-in...

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windlove

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23/10/15

15:20

Post #: 16240968
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Originally posted by Fish3 ↑

Oh dear, I hope there are some typos in that announcement. Current production at 2 to 3 tonnes per day, and given the nominal rate is 21 tonnes per hour, that is way more than the 50% reduction in production we were told in the last announcement. Also, funding agreement slower that proposed, looking at alternatives. Not good.

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"Achieved plant capacity of 20 tonnes per hour (tph) feed-in rate with continuous operation over weekly operating periods still required"

This is the feed-in rate, not production rate.

VXL Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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