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This is the no BS ‘Hard Evidence’ thread Spid2.0. If you can’t...

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SpareCash7

2,657 Posts.

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07/07/24

14:36

Post #: 74643065
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Originally posted by spid81: ↑

Hi Farmer,

I thought he was questioning Mike Elliot's Tweets,

If the plant is operating at 30tph = 30tph x 24h =720 tonnes per day, Which is only slightly down on the EPC contracts capacity of 840t per day.
The tweet suggests the plant at that stage was operating close to 87% of its capacity.

At 45 tph x 24 hours = 1080 tonnes per day, which is 130% of EPC contracts capacity.

As you pointed out, WKT detailed in the 2nd of July announcement, WKT expects to achieve 30% of plant capacity by the end of July.
This is a complete contradiction to Mike Elliot's Tweets.

@SpareCash7 As I keep on asking HC posters, Do you think it is appropriate for Mike to continue these types of tweets which are not clear, you assumed the plant is running at 75% of its capacity, which is double WKT forecast production rate by the end of July.

Have you read through WKT's social media policy?

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This is the no BS ‘Hard Evidence’ thread Spid2.0. If you can’t support your claims on here then post elsewhere. Where in the July 2 announcement does it state Lindi Jumbo aims to reach 30% nameplate capacity by the end of this month. Keep your BS on the other threads. It’s not welcome here. Opinions aren’t welcome, Hard Evidence only.

WKT Price at posting: 11.3¢ Sentiment: Hold Disclosure: Held
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