EARNINGS AND DIVIDEND PROJECTIONS, page-25

Troisi, a bit more after reading the Feb. preso that says infill drilling will be complete in q2. That needs to be done so they know where to dig. So that’s part of the timing. Also they were awaiting inspection by the environmental bureau. I think they would have announced if that had happened and they received the all clear. The wording is “ Once the mining concession and the operating license have been obtained”, they’re ready to commence production in q2. They would definitely announce the granting of these two critical approvals. So they’re the ones to look out for.Pre stripping has commenced. They must be allowed to do that now. That is one less thing they have to do when they do get final approvals/license.Negotiations with port and trucking contractors are well advanced, but NOT YET signed.
I wonder if their preference for sale at mine gate is why they haven’t signed these 2 things up now? Obviously sale at mine gate means they’re not needed.I always read every announcement in companies I own.
Most of what we need or know is contained in them and is essential imho for any fundamental investor. I do understand T/A people often don’t bother with this.
Cheers
Ned.