We know that the last operational reports from Mt Cattlin in 2012 were that monthly production figures had well exceeded original name-plate of 137ktpa.
Must be a different use of the word "disaster" than I am familiar with....
There has also been, what? - about 5 months of time spent on rehabilitating and improving the plant operation before turning it back on.
Specifically - improvement of recovery and the coarse and fine circuits.
Anthony Tse states GMM has spent $25m on Mt Cattlin during this time.
Galaxy version 1 was undone by Jiangsu, GFC and debt, not the operation of Mt Cattlin.
GMM Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held
