G'day Ozprey64,
I posed the question of nameplate production using similar figures to yours via email to Rob Sennitt back in January 2016 and got the below response :
Cheers - Surfydad
Hi xxxx
Thank you for your e-mail
We also remain very optimistic as to the future of the company.
Defining nameplate in terms of annual production is difficult as it depends on grade, mining conditions etc for that particular year. You will appreciate the numbers you mentioned below are life of mine numbers
On this basis, we prefer to look to measures like utilisation, availability of equipment etc. For example, the fact that we are now operating the dredge in the right conditions at rates in excess of 7,000tph is a strong indication that we are currently operating at nameplate for this element of the operation
All the best
Rob
MDL Price at posting:
68.5¢ Sentiment: Hold Disclosure: Held
