Ann: Chairman's Address to Shareholders, page-6

Could someone remind me what the design capacity was for the Magnetite plant ?

I also recall that the plant was under-performing on the percentage of iron in the finished product.
Is this still the case ?

I wonder what the new development fellow will come up with ? Hopefully no more IO, but is our cash enough to make a difference ?
Also all commodities are currently shot, maybe we should go into the Heath sector ?