better than victorian golds, page-2

Dunno about that.There is something very wrong.
They have spent $45 mill in just over 6 months & the plant is nowhere near completion. The contractors are being looked at closely to see if they should be sacked, and they are making a call on their contributing shares.
Now if this call doesnt give them enough funds to last till production brings in $$'s, they will be in deep poo.
The plant erection would have been quoted. So where is all the money going? Why have the contractors not previously been held to task for the delays and obvious lack of competence and accountabillity?
Mining has been suspended and the wet season is imminent.So once the wet hits the plant (IF they get it sorted out) will only have the 96000 tons on the pad to feed it.
Getting quite scary, actually.

GZ