ELE 0.00% 0.5¢ elmore ltd

Hi Jovan Great post.There is no confusion regarding the quantity...

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    Hi Jovan

    Great post.

    There is no confusion regarding the quantity of ore they are aiming to produce.

    They are aiming to ship 480kt in year 1. In year 2 they expect to ship 980kt. So after 2 years lets say 1.5 million tonnes. In year 3 they are expecting to ship 3 million tonnes. So after 3 years a total of 4.5 million tonnes and so on.

    By year 5 they expect to be shipping 5 miilion tonnes in year 5, so by year 5 between 12 and 14 million tonnes will be shipped.

 
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