SUM 0.00% 17.5¢ summit minerals limited

can we do it?, page-22

  1. 4,710 Posts.
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    Reread the latest quarterly, seems to hint at Q1 2014 finalisation of phase 3 development drilling and updated LOM plan, but per the 'corporate activities' page 2, seems to allud ethat the revised debt and heding term sheet is also expected to be announcement in Q1 2014? To make that I assume drilling etc will have to be done by end of feb/early march to allow for LOM and reserves rejigging,and fingers crossed if favourable, the finalisation of financing arrangements?

    Nervous 1.5 month wait and fingers crossed gold stays above $1300. would be a gem if we stayed above $1,350- make or break it could add some extra $$ via more favourable financing terms.
 
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