$300m plant june 2014 start, page-28

I see our shorting squad / down ramping supporters are at it again this morning big time. Trying to make some hay after yesterdays slip up?

Lets see if WM knows more than you guys/girls.
ie from 7/5 announcement.." ….As previously communicated to the market (see ASX announcement April 15th), after just a few weeks of mining, stockpiles are estimated to contain in excess of 5,000 tonnes of copper equivalent metal, valued at approximately $35 million at current copper prices.
The Company continues to hold discussions with several parties interested in monetising the copper stockpile inventory which, if pursued, will see significant income for the Company well before the Rocklands Processing Plant has been commissioned."….

So what does "well before the Rocklands Processing Plant has been commissioned" really mean?….from our shorting/downramping mates it means never, as they all mostly say there is no copper there anyway ( a standard shorters quote that applies to any company they want to decimate/short) and for long term holders it means after the crusher is commissioned, which can only happen after the generator is commissioned and that will be at the end of THIS MONTH as per 11/6 announcement: " The Power Plant for the 3mtpa Crushing circuit, a separate power station supplied by Australian Generators Pty Ltd, and also powered by Cummins, is already installed and due to be commissioned by the end of June 2013." So the crusher can not be commissioned until after June this year. BUT it is ready to be commissioned most likely a start in July as per announcement 4/6 " The Primary and Secondary Crushing Circuit is virtually complete…"

All the best to our long term holders.