thanks Oracleyoda - but i didnt miss it. I used to be in mining - nameplate is just a theory.
operations with histories of glitches tend to always have glitches - and clean operations remain clean, whilever they are mining from the same pits/ore.
its usually because of the nature of material they process - not the equipment. some rocks are just easier to produce from than others.
so until i see it reach nameplate and maintain it for 3 consecutive quarters i would never take nameplate as a given when trying to work out if a company is about to make money or not.
better to be pleasantly surprised than unpleasantly.
the c1 isnt really an issue here, anyway.
PEN Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held
SMM Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
PDN Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held
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