announcement!, page-6

UR, I agree, production will improve, just not up to 1.2Moz.

To me, the indications are that the ore still isn't leaching as well as expected. That is not a bug that can be ironed out easily. When AYN took over, they tested new crushing techniques and leaching which led to their forecast of 2.0Moz. Today's first announcement makes it clear that will never be met under this set up.

The copper is a joke. You've got a low grade, narrow pipe about 50m by 80m and 200m deep which, at their most optimistic guesstimate will produce 30,000 tonnes of copper. Where are they going to process the ore? And the strip ratio will be huge. Sure, you can produce a JORC, but so what? Same as the silver, you have to be able to get it out and process it economically for it to be worth anything.