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Namibia Critical Metals Inc V.NMI

Alternate Symbol(s):  NMREF

Namibia Critical Metals Inc. is a Canada-based company primarily focused on developing the Tier-1 rare earth project, Lofdal, a deposit of the heavy rare earth metals, such as dysprosium and terbium. The Company owns a 95% interest in the Lofdal Project, which is fully permitted with a 25-year mining license and is under a Joint Venture agreement with Japan Organization for Metals and Energy Security (JOGMEC).


TSXV:NMI - Post by User

Bullboard Posts
Post by SmokinWillieon Aug 01, 2015 9:19pm
109 Views
Post# 23983226

Conference Call

Conference Call During the conference call it was stated that 2 of the front end loaders or 50% of the fleet were out of action for over 1/2 of Q2/15 at Cosmo. 

This helps explain the drop in production oz from Q2/14 to Q2/15.  21,845 oz to 17,073 = 4,772 oz.
Even while grade and recovery were up. 

Without this problem total oz for the quarter could have been closer to 65k instead of the 60k they did produce.
Bullboard Posts