ADT 1.87% $2.62 adriatic metals plc

Ann: Vares Project Production Guidance & Update, page-21

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    Their announcement says it is not voluntary as far as I can tell. Not sure why you have that impression, and wish to dish out compliments?

    "
    An achievable ramp-up profile has been adopted for 2024 prior to reaching steady state production which is
    anticipated to occur in Q4 2024. The slower than anticipated ramp-up has been driven by:

    • Underground Structural Geology – The planned 900m structural geo-technical drilling programme was
    completed in Q4 2023, delineating the poor rock mass zone running parallel to the orebody along-strike
    and down-dip. Following a technical workshop and completed studies, it has been established that there
    is a requirement for upgraded ground support standards to safely establish and maintain footwall
    infrastructure. Once installed, the additional ground support will improve ore drive access and therefore
    production rates will subsequently increase in the second half of 2024.


    • Processing Plant Optimisation – The mine plan delivers life of mine average head grade throughout
    2024 to ensure plant operating parameters and product specifications are achieved prior to delivery of
    high-grade feed in 2025, 2026 and 2027 onwards. Upon sustaining nameplate parameters, the
    Company's strategy will be to maximise high NSR material in accordance with future metal price
    expectations. "
 
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