Increased mill capacity at GibraltarOne of the little noticed aspects of the conference call was the down time in Q1 (12 days) and the increased mill capacity as a result of the work done. I can't find the exact capacity increase. However if they were down for 12 days, (I assume they run the mine 365 days a year), then they were shut down for 13% of the time during Q1. Without the shut down, they would have produced 33.9 million pounds.
That increased capacity should produce 34 million pounds of copper or more during Q2 depending on the grades.
Except now 100% owned. (unlike q42023)
And copper a buck higher.