RE: Someone had to use AI may as well be me Please DYOR23 Sep 2025 15:31
'We all know why' 'it's a scam' 'zero assets'
Same incessant claims with zero substance to backup the claims.
The company updates by comparison.
West Kytlim is the world's largest soft-rock PGM mine with associated gold.
Highlights of capacity increases in 2025:
· To execute on our Russian-exit strategy, the licences must be maintained in good standing, and the West Kytlim licence agreement requires a significant increase in volumes.
· A professional team with backgrounds in Rusal, Norilsk Nickel, UMMC (UGMK) and other large companies was engaged to execute on the increase and subsequent exit.
· As required by the licence agreement, six wholly-owned enrichment plants have been successfully launched to full commercial scale production, i.e. 2x the previously installed enrichment capacity and 6x the average enrichment capacity utilised over the past two years.
· A fleet of seven heavy 39-ton Chinese FAW trucks has been added to scale up both stripping and mining capacity. All seven trucks are in operation, making the total truck capacity 2-3x the capacity of KAMAZ trucks used previously and with improved production logistics, a net 20x improvement. This is primarily due to significantly shorter transportation distances to optimised locations of the six enrichment plants relative to the mining blocks.
· Three heavy Chinese Lonking excavators with increased shovel capacity have been acquired. These excavators, together with the electric dragline launched in 2023 (which alone has 4.2 million m3 of annual installed capacity) and fully refurbished over 2024-2025 (with new engine, shovel, etc.), 2x the previously installed excavation capacity in terms of the total shovel size. This capacity is already significantly adding to both stripping and mining volumes.
· A South Korean Shantui heavy bulldozer was also acquired to further increase the stripping capacity and the production volumes in 2025. This has allowed one of the smaller bulldozers to be allocated to the road repairs, which has resulted in higher productivity of the trucks and lower diesel consumption.
· In total, six enrichment plants (plus enrichment workshop/laboratory), 15 excavators, seven bulldozers and 18 dump trucks are utilised.
Highlights of other capacity added:
· Repair units have been installed and commissioned to speed up the maintenance and minimise the idle time of equipment to increase the production volumes.
· Storage facilities have been constructed and commissioned to minimise the lead time for spare parts, also aiming at a higher utilisation of equipment and higher production volumes.
· Telecom tower was constructed and commissioned to cover the whole licence area with internet connection.
· Satellite location sensors and weight sensors were installed on each equipment unit. These sensors, combined with the full-area internet coverage allow the two newly hired controllers and the site management to optimise the utili