AHK 0.00% 12.0¢ ark mines limited

Ann: Mt. Porter Mining Update, page-12

  1. 3,037 Posts.
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    The leaps and hurdles were the mining licence approval from the NT DME imo. The rest should be piece of cake for our management. Like i keep saying, you don't get a project this far to throw the towels in right at the end. Securing of the gold loan facility in the first place was a significant achievement in itself imo
    I wonder if a similar pattern to last year will emerge?

    i.e. everyone pricing in the worst and then out of nowhere boom certainty and in secured agreements.
    My only concern is the union mill should it be shut down completely but i do highly doubt this given the current positive POG environment and availability of gold supply in the region as a whole.
    Id say its a matter of paperwork and waiting for correspondence from the union mill management hence KLG.
 
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