My questions are on silver. So the first one is, are we running the plant on lead mode or zinc - lead mode given pricing economics favor lead mode?
And then based on our 680 tons of guidance for silver, the asking rate for the second half is high given that first half production has been a little slow. So how are we looking to achieve this number? And then do we have visibility of producing, say, 800 tons capacity in a year or two?
Congratulations on a good set of numbers. My first question is on our expansion plan of 15,000 tons. So given that there were capacity curtailments globally, so there must have been an option to acquire something for cheap valuations, but we have decided to expand capacity that comes with a time period of 2 to 3 years. So if you could provide some color in terms of the thought process that has gone behind in making this decision to build instead of going inorganic?
Okay. Understood. And does this capex that we have announced of INR600 crores, does it include captive power plant as well, or we will continue to procure from the grid?
My first question is on capacity utilization from existing operations. So we have seen that volumes have been flat for 3 quarters in a row. So are we not sweating our assets hard enough to get more volumes as we are just at 65% utilization?
Okay. So when we target 25% growth for next year in terms of volumes, so how much volumes are going to come from expansion projects and how much from existing capacity ramp -up, if you could break it down?