RE: Blue day today4 May 2020 11:02
Pdub.I have read it and I had compared it with previous RNSs. And this was why I dont feel it's as strong an RNS as some do.
Eg. From Q2 2018 Aug 2018 Phase Two of the Vametco expansion project, comprising the commissioning of the third primary mill and secondary crusher, was successfully completed within budget and on time. This phase of the expansion project increases annualised production capacity to 3,750 mtV, from 3,035 mtV achieved in Phase One, which was completed in Q3 2017. We expect to see gradual increases in output over the course of H2 2018 as the operation ramps-up to the 3,750 mtV rate.
So. My maths says that despite these upgrades that were supposed to take from a then current 3035 to 3750, we are still at 2608 although we lost 7 days production in lockdown. I found this disappointing. Have I misunderstood? My comment about news related to the other areas that you know I think have been lacking.