Yeah the reason I would be wary about a comparison is that the two operations are on very different ramp-up schedules.
And there are other factors too - like the 4% material was supposed to be stockpiled, but it would appear that Ganfeng wanted the feed anyway so a fair amount of that has been shipped. This will have the effect of lowering the revenue/tonne for the period, and will also have some unpredicable effects on the operating costs - depending upon how they did the accounting for the 4% material.
NMT Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held
