"Crusher circuit (3mtpa) on track for completion of commissioning by end January 2012 - one month behind schedule"
pg 21;
"Site preparation, surveying and construction of foundations for the three stage crushing circuit are currently underway, with initial concrete works anticipated to commence in October. The contract requires the complete crushing circuit to be installed and commissioned by mid December 2012."
So they are 6 weeks behind with the crushing circuit. (Mid Dec originally and now end of Jan 2013) Presume the Jan 2012 date abvove was a typo, and they're not 12 months behind schedule! Wonder where the delay was caused, Brisbane or China?
On the flip side the Ball Mill is due before end of year, 2 months ahead of schedule!
CDU Price at posting:
$4.77 Sentiment: LT Buy Disclosure: Held
