I initially though FY24 was "full year 2024"......in other words, they are referring to next calendar year.
It is confusing to new investors - and not so new investors, I suggest.
We have seen the photographs of the mine - adjoining the plant and other facilities. Perfect - with the simple mining operation on flat ground and shallow depth. What other companies have such a luxury.
So why the delay, in real profitability. Even why having to wait 3 or 4 months, seems a reasonable question. (That selling yesterday - maybe they think company is referring to full year 2024 - tax losses also, I guess)
I suspect problems with the plant operational ramp up - which is pretty much par for the course.
Anybody got confirmation that the trucking operation can right now, meet the requirements, as specified......is the omly other thing (in addition to plant teething problems). I do like this stock overall though.
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