RE: Mining vs processing4 Aug 2025 11:39
Accionista Very different to a previous post on the 1st August 13:18:
The slide is clear to read for Par 1 and 2, Par 3 is less readable (blurry)
Text from slide I can read and can be interpreted as follows:
Par 1:
Whatever the problem (possibly a shortage of explosives?), 300 employees working for the mine's subcontractors have been technically unemployed since June 1, 2025, and LMLB is calling on the minister for help to find a solution.
Par 2:
And yes, this slide mentions 42,000 tons of SC stockpile (slide shown in the presentation during Keita's visit to the LMLB mine on July 31, 2025) (Could the slide contain a TYPO or was it prepared in early July?)
and they are awaiting export authorization (120,000 tons/year expected). This situation could cause financial problems for the company and jeopardize the operation.
Par 3:
Regarding the opening, this text is less clear.
But it is certainly mentioned that the plant will be commissioned soon.
There's more in this slide, but I can't provide a translation at the moment because the text is too unclear and therefore too much guesswork.