Hi Bossman. I was wondering how, if only 20% of the fines now...

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johnwightman

200 Posts.

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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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Hi Bossman. I was wondering how, if only 20% of the fines now...

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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

IAG snaps up RACQ's insurance business for $855M

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