Teething problems with new plants are quite common.KRM had...

Teething problems with new plants are quite common.
KRM had previously reported problems with sticky clay in the ore aggregate which has a fouling effect on fine crushers or ball mills.
In this case the ball mills seem to be clogging which overloads the mills. Rotation speed could be increased
and usage of heavier ball medium to alleviate clogging. This in turn could have led to premature bearing &
liner failure.

The long term fix could be prewash aggregate and use dry ball mills or to use wet ball mills.

Either way the new general manager ought to be on top of the problem which is not major in the bigger scheme of things.

Once the system gets going at specification of 400 ton/day we should be in the money. (ie: 400 x 365 x 18gpt devided by 31.1 equals 84500 oz au p/a.
If we assume that there is $1300 (silver factored in)net profit/oz this would be $109 mil profit p/a devided by 244 mil shares
= 44.6 cents eps or $4.46 sp with a 10 multiple.

Please note this is a best case scenario guesstimate only and not to be taken as investment advice.
Best of luck to all
Moorookamick

PS: KRM's crushing circuit consists of a primary crusher, a secondary crusher and 2x Ball mills. The primary crusher
usually crushes ore down to about 80 mil.
The secondary crusher down to about 20-30 mil (road base)
& the ball mills grind it to dust (like cement)to make it amenable to chemical leeching.
MM.