GBG 0.00% 2.9¢ gindalbie metals ltd

faling knife, page-10

  1. 353 Posts.
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    From the quarterly report:

    "Nameplate capacity of 8mtpa and premium concentrate grade of 68% Fe is expected to be achieved by the end of July with consistent production and purity at these levels expected to be achieved in the September Quarter."

    From this I gather for KML to achieve nameplate capacity, they only need to prove the operations can process production volume rate of 8mtpa 68% Fe for a limited period then consistency and purity will be achieved later in the quarter.

    So is it that big a hurdle to hit the 68% Fe at production rate of 8mtpa for a limited period long enough for them to declare nameplate?

    2 more days to wait....
 
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