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5.4¢ greenwing resources ltd

Large Flakes Graphite prices are rising !, page-139

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faruque

847 Posts.

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15/11/17

19:51

Post #: 28827998
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Originally posted by stevo ↑

Doc........ Your welcome...however, I am having concerns with the constant upramping of the stock on here.

Tim's exact words were......"that way we can look towards 6000 tonnes per annum next year and with a small ramp up in the first quarter of 2018........ In the first quarter we will be looking at a slow ramp up, we are a slow and steady producer blah blah..... So we will take the first few months, steady as she goes and then from there, we will look to ramp up to 500 tonnes per month in stage one and then at the same time next year we will be doing our studies to go to 20,000 tonnes per annum."

So IMO that is second quarter, not first quarter. Tim also mentions the sale of three thousand tonnes being half of their 6000 tonne first stage production.

With respect, Nowhere is there any suggestion that they will achieve first quarter full production or are looking to achieve higher production than 6000 tonnes per annum in 2018.

I think it is wrong to keep promoting those thoughts.

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Thanks for the fact. This is the only one which is green in my profile after today's horrible Mkt. So far the share price and uptrend is smooth , no pumping going on.

BSM Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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