I was very disappointed in the June qtr production of 900k tons
If you read March quarterly report , they were supposed to be at 75 % nameplate , and this would mean 1.65 mtpq
In facy for 7 dayss they exceeded 75 % namepalte
No explanation in June quarterly except they talk about crusher & concentrator problems as previously advised , which I could not see as documented problems in the March quarterly
A lot of money has already be spent fixing the plant, but production has not increased.
So when are we going to get to 75 % , and what will it cost ?----and we need some certainty on this. If you re-read March quarterly, it was misleading in my opinion.
This is a very basic question, and investors should be told.
GBG Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held