Tamra, Cainsy said he has worked for 7yrs contracted to Heathgate. According to Vesp that was in the area of rehabilitation. So just having a guess maybe rehabilitation is being downsized? Maybe the original Beverley deposit has finally been depleted and the area rehabilitated.
You're correct that this may mean nothing but in my uninformed opinion it may also mean they are getting ready to start on Four Mile East. The native title agreement did have a condition on it that production was to begin within 2 yrs. That 2 yrs is nearly up, whether the countdown began in Feb or April 2012?
True that most here including me have no friggen idea of what is going on, thanks mainly to the lack of updates from our board and the company that we have supported and invested in! And update on progress every now and then would be nice then we wouldn't have to guess what is going on!
AGS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held