LOL! No point in having it if you can't produce it -...

LOL! No point in having it if you can't produce it - economically.

Macmin started out forecasting 2.5 Moz/yr. AYN are now forecasting production of 1.2Moz, 12 months after the plant was supposed to be fully operational and running at 2.0Moz.

My guess is that the cash cost will come in around the $22-$25 mark for production of 1.0 Moz/yr. Which means they'll be running at an overall loss. Back to the drawing board.

And with only $2.1m at the end of June, plus $650k of funding making $2.7m, expect another CR soon. Sorry.