"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....
GBG Price at posting:
15.2¢ Sentiment: None Disclosure: Held