IOR 0.00% 0.0¢ indiore ltd

Ann: Company & Phase 3 Expansion Update & App 3Z, page-88

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  1. 786 Posts.
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    6.8c now this is getting horrific. Feeling sorry for all SH's, I myself am sitting on a huge loss with this one. The fact Cedric stayed quiet throughout all the issues and the SP getting hammered angers me. And so I'm happy he's gone.

    Going forwards, the only way NSL/IOR can save themselves is by correctly and efficiently building the plant and fulfilling orders on a daily basis. The two metrics where Cedric not only failed us, but was a complete and utter disaster.

    The demand is there and the demand will always be there. It's just can we beneficiate enough IOR fast enough to satisfy end users. My feeling is yes. The technology is there. I hold TAW shares (I really don't mean to cross promote here but) they engaged a top quality EPC company (Primero) to design and construct their new Lithium plant in WA in record time (9months), safely and on budget. Since commissioning, the plant has been operating at well above design capacity and is churning out an optimum product. It can be done!!

    My hope is that by IOR engaging Essar, this will all be done for us and we will quickly have a functioning, high-performing beneficiation plant churning out the Ore
    Last edited by BT6487: 27/09/18
 
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