RE: All genuine WRES investors22 Aug 2021 08:29
Avitshah - "Quarterly production is going to be up significantly from the previous quarter and will be the best quarter we've had, ever. That's progress, FACT."
How can something that has not yet happened be a fact ?
Q3 "should" be better then Q2. The mine was closed for 2 weeks during Q2 and the mine should be moving to 7 day working before the end of Q3. How much more effective will it be though as it seems the ROM cannot provide the output required on a Pro-rata basis
When 7 day working arrives the July combined figure would uplift to a minimum of 95.3t (40% increase in working time)
How do you get from 95.3t per month to the FID numbers of 258.3t per month (225t W and 33.3t Sn)
Ref Q2 Production. I know it was on weaker ground, but back of a stamp calculation. If 200000t (It was actually 230,000) produces 106t of W Concentrate. , Then 2 million tons (Annual ROM from FID) would produce ten times that which is 1060t W Concentrate. FID states 2700t from 2Mt ROM Now that is a BIG gap
I'm sensing that all is not stacking up.