Post by
guarantor1 on Oct 15, 2021 11:46am
Incredibly rare that IVN is exceeding Nameplate Capacity
I'm not sure if people are realizing how rare it is, for a Phase 1 to exceed nameplate capacity, after only 3 or 4 months of start up..
It usually take a year or two. And a lot of headaches.
And it's not as if the nameplate capacity was lowballed before production..
The capacity would have been calculated by a 3rd party engineering firm, in the FS.
If anything Phase 2 will probably have an even faster track record, re start up,
Given all they have learned with Phase 1 (and it's identical)
I doubt high level of "execution" is factored into the share price yet, eh ?
Comment by
PistolTuco on Oct 15, 2021 11:49am
Agreed i was thinking the same thing. The nameplate exceeding original specs by 10% + Phase II expectation of the same 10%, basically outperforms the manufactures specs by a combined 20%