Near term multi bagger and tin producer, page-301

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28/09/17

20:08

Post #: 27532485
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Originally posted by Ausmericans9766 ↑

Unfortunately mate, it looks like it is a classic case of mixed info in the report. There's a difference in what the Chairman's letter says vs the actual section on Granville.

Chairman’s Letter:
At Granville, the Company commenced the processing of existing tailings and stockpiled ore, and despite experiencing operational challenges, is aiming to deliver its first tin concentrate sales from Granville in October. There is confidence that the coming year will see marked improvements in both mining and sales with the recent improvements in the rate of tin recovery experienced following the initial teething problems encountered.
Later in Report On Granville:
The Company is producing a saleable grade concentrate (60%Sn) and anticipates its first shipment during the September 2017 quarter.

It seems like a minor oversight as the report is just a rehash and essentially 3 months old. But I would not expect the sales announcement to come out within the next three days (and any lurkers watching the forum). It is unfortunate that they missed it, but with the Chairman saying it's happening in October (and not saying next Q), it's a minor stumble, and the report next week should have more details in regards to current production/stockpiles along with progress on the other items we've discussed.

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Maybe not a stumble, the chairman says "delivery", the report says "sale". you can sell something before you delivery it.... although i'm probably just running in circles now and looking for confirmation bias.

ANW Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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