RE:News 6.4 2021 Read and smile. This is going to be great. My guess is that we will soon approach a take off.
Operations in South Africa - PGM
"The Company recently completed the reconfiguring and optimization of the small-scale PGM circuit (previously the scavenger plant circuit) ("PGM Circuit D") which also included completion of the initial work required to restart the main PGM plant circuit ("PGM Main Circuit"). Following the completion of the work, the Company generated approximately 111 tons of PGM concentrates, and has delivered approximately 64 dry tons under the existing offtake agreement with Impala Refining Services Limited, now Impala Platinum Limited.
The Company completed the upgrades to obtain higher quality concentrate in order to be able to consistently produce a minimum of 200 tons of PGM concentrate per month, having a positive impact on the Company's revenue. The PGM Circuit D utilizes the initial work on the PGM Main Circuit. The next phase of the PGM Main Circuit work continues to be scheduled to start in May 2021, with commissioning expected in October 2021. The Company estimates this will add a further 800 tons of PGM concentrate per month to production, thereby increasing production four-fold and continuing to grow Eastplats' revenue."