Ann: Voluntary Suspension, page-174

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johnwightman

200 Posts.

164

06/01/19

19:05

Post #: 37038888
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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

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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!

A40 Price at posting: 25.5¢ Sentiment: Sell Disclosure: Held
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Ann: Voluntary Suspension, page-174

Top Stories

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

Scientific conference spotlights PYC's work on blindness disease treatment

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

Sales growth pushes Lovisa's fortunes (and shares) upwards

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

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

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

HotCopper Highlights: Your most watched stocks for Week 47, 2024

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