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
A40 Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held