The QR is a minefield of uncertainty and this is being reflected...

The QR is a minefield of uncertainty and this is being reflected by the market action this afternoon!

For example why does the report state that the company is optimizing cost to 11KTPA then give only COP figures for 22KTPA? Even then the COP for 22KTPA was stated in a way that left the calculation of COP 11KTPA with multiple answers depending on how the calculation was done.

Then it says they received low prices for product delivered because they have not as yet received product approval for the higher priced product. Given the stated sales price and volume of goods sold one can only assume that due to the deliberate vagaries in the report that they also have not received payment for all 117 tons so far delivered or what it actually cost per unit to produce. Given the less than $9/kg reportedly quoted later by EN we can assume they have only sold the inexpensive bulk REOs produced by the LAMP so far?

Granted it is still early days but this report seems to be deliberately designed to keep investors in the dark and I find it extremely disappointing.