Ferreira producing 66,183 tonnes for the month, against a target of 55,000 tonnes.
I'm not saying that rate can be achieved over the medium-term, but if it can, that's the equivalent of 800 mtpa from that mine.
It also shows that the company has the capacity to handle high production rates (even higher than forecasted), which is a big confidence booster for me, with Penumbra opening in 6-9 months time, and DeWitt sometime after that.
Fantastic news, nobody can deny that.
CCC Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held
