RE:RE:RE:Today's volumeI don't totally agree with your assessment. I can remember way back when Pendura said that they would start with one shift and advance to 2 shifts per day. Therefore, at 2500 pounds presently and going to a second shift per day, they reach their objectives. As long as the recoveries are 95 per cent for one shift which they are aiming at. It was never planned to have 2 shifts and produce 10,000 pounds per day..... He said all along that the second 1.25 tons would be easier than the first. And this is why. The module has already been tweaked, calibrated, some equipment changed out, and it is a second run of the same, per day.
What has angered shareholders is a presentation yesterday that said it is going to take 14 weeks to put on a second shift, and they apparently are going to the trough for more money, perhaps on the backs of shareholders again. It amazes many that for the fairly small amount of funds needed until reimbursement from the refiner, 90 to 120 days after end of June, that no large company, "strategic partner" NDA potential partner, or others can not give a bridge loan for some kind arrangement. Management is failing badly on any kind of negotiating ideas to get by the next 6 or 7 months , on their timelines indicated , yesterday. The process works. They are at 1.25 tons per shift. Obviously, not validated until all the analysis is in. It is the doublespeak from the CEO that has got us to this shareprice, the past year or two. Get in those boardrooms, or ask Davis for a contribution, get some corporate tours going, GET IT DONE. Dont ask shareholders to pony up any more money on a RO, or the likes.....