I have absolutely no idea how you or anyone are still arguing this point.
For clarity, I have never said they won’t be able to produce SC6 so don’t be putting words in my mouth saying I was inaccurate, I’m making the point it’s very odd they don’t release good grades when the product is going to port right now and there is a lab onsite and the SP plummeting.
The first production announcement stated;
“results have shown a concentrate product grade exceeding the industry benchmark SC6 concentrate specifications and fits comfortably within those required by the Company’s offtake agreements. ”
Very strong and confident words.
Results have shown, that’s great where are the results?
The ASX obviously asked for evidence maybe via some retail investor
, I.e claification.
The clarication statement made AJM do a full U-Turn and said;
“The process plant commissioning at the Altura Lithium operation is
targeting a SC6 product for the life of mine. The testing conducted on site was via the fully commissioned Intertek laboratory utilising the same testing regime for on-site product testing, stockpile inventory testing and export vessel assay testing.
The Company would like to reiterate that the initial production sample testing is preliminary in nature and
cannot be relied upon until a full production reconciliation is completed in the coming months”
So they have a full lab onsite but from results showing grades exceeding SC6 to a couple days later results that “cannot Be relied upon”
This was a withdrawal and to say any different is nonsense.
Do you rely upon information that cant be relied upon?
Strange, I certainly don’t.
I have no further comment on this that I haven’t explained many times already.
