Ann: Voluntary Suspension, page-175

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El Jefe

6,058 Posts.

875

06/01/19

19:21

Post #: 37038939
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Originally posted by johnwightman ↑

Originally posted by El Jefe
You should probably go to the most up to date information before you become unnecessarily concerned. I do worry about your stress levels related to your holdings here. You must be pulling your hair out, your posts certainly come across as that being the case. Worrying about things that don’t need worrying about and vice versa.

Let’s all have a moments silence to absorb the quality of the spodumene concentrate produced at Bald Hill (down the bottom). Thats simply glorious, something no other ASX listed company can come close to, to date.

“Operational performance of the plant continues to improve with plant availability increasing to 78% as it approaches the steady state target 85%. Crushed plant feed size increased from 10mm to 18mm. This change has reduced the quantity of -1mm fines bypassing the DMS circuit from 27% to 20% and improved overall mass yield, while maintaining overall concentrate grades of 6% or better.

The Bald Hill Mine currently produces a high quality spodumene concentrate containing +6% Li2O, <0.5% Fe, <0.5% mica, <3% H2O, <1% K2O and +90% of concentrate greater than 1mm.”

There will always be variations from Q->Q but The above looks to me like they have a fairly good understand of the resource characteristics or more specifically the processing characteristics. Bringing these figures up at this time I can’t help but think this suspension has at least partly something to do with a solid offtake deal from a multi faceted tier 1 player
Hi Bossman. I was wondering how, if only 20% of the fines now bypasses the DMS, where the 72-80% increase in 6% spod will come from?
Just asking!

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I’ll refer you to Mr little on that one.
There is no question he hasn’t asked so he should be able to clear it up for you if your struggling still with it. The repetition is getting a little tiring for me on this Sunday afternoon so maybe a nap is in order.

A40 Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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Ann: Voluntary Suspension, page-175

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Scientific conference spotlights PYC's work on blindness disease treatment

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

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Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

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Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels