I am not expecting much progress over the last month from a gold perspective.
However I am expecting to hear a few positives such as,
Earth movers from harmony have been delivered and have been commissioned. (this will make a big difference when these are in operation).
The bogged rig has been refurbished and is in production.
As well that the line has ironed out all its bugs. I would expect that many of the pumps, and other bits would not handle the increased 4 to 6 tph material and will crap out. It only takes a a couple of days at increased production to realise that. I am not sure our brains trust running on the smell of an oily rag, have thought about that. Therefore I am expecting a few minor operational issues. It sucks but that is the reality when the kit has been idle for so long then all of a sudden you try to run increased production. Its just does not work that easy.
I do expect that once the earth movers are in operation, they will get to the better feed that suits the circuit, instead of this low gold difficult crap.
I am holding for July, that's when the party should start.
NIU Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
