This report throws little light on what is going on.
Production has improved to about 80% of nameplate capacity - still underwhelming after 2.5 years of production ramp up and it appears the grade has dropped off.
I would have expected a professional outfit would by now be able to provide some reconciliation between predicted grade for the blocks mined and actual grade mined and of the recovery from the ore grade mined.
Ths information could be easily understood by presenting it on a graph.
Can anyone ascertain Tizir financial capacity to service and repay the $USD312m debt and pay a dividend to Eramat and MDL?
If the answer is no, we are being treated like mushrooms.
This report throws little light on what is going on. Production...
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