Additionally, it's important to note that this is for the year ending June 30th, 2017.
Not the current quarter, which technically isn't over yet. So doesn't account for the past three months, which should benefit from the updates they made based on the past activities update.
In June 2017 the Company received regulatory approval for the Granville Expansion enabling a resumption of mining at the high grade open cut pit and an increase in the annual production rate from the current 2,500 tonnes per annum to 40,000 tonnes per annum.
The Granville Expansion is anticipated to provide the cash flow to underpin the Company’s development portfolio, based on forecast production of 550 tonnes per annum of tin in concentrate and the forecast cash cost of production for the Granville Expansion at approximately A$15,600/t of recovered tin.
And then from the chairman's letter (the only real new bit):
"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"
