Great summary, additionally bringing on line the existing but currently idle 5th furnace will allow them to get to 3 mtpa, long lead items for this furnace have already been purchased and work should be completed on it by the end of 2021. Designers are also redesigning air flow intakes to improve effeciancy of the furnace and once they have it running they intend to upgrade the remaining furnaces 1 by 1 to the same design.
From my discussions with management they are expecting a circa 30% reduction in C1 costs with underground mining and capex to set it up of approximately $100 million.
There is a lot to look forward to.
GRR Valuation, page-206
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