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7.0¢ cleveland mining company limited

Ball Mill?, page-15

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1,406 Posts.

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08/04/16

19:24

Post #: 17460040
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Originally posted by Elizabeth92 ↑

June is the date by which CDG needs to have $4m from their gold sales to pay the first installment for buying out the 50%. That will be a good test to see if the company can hit that target, they will need the mill running well along with the higher grade from Lavra, personally I am doubtful and think a loan restructure will be required to cover this payment. However law of averages would suggest that at some point David's predictions will come true....

I wonder how the 'any day' 'imminent ' Lavra permit is progressing?

Any twitter pics of the newly installed ball mill?

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Hi Elizabeth.
Whats your veiw on Clevelands ability to refinance ? Do you have any other concerns? I enjoy your posts and would appreciate your opinion
I have been very bullish with cdg over the last 2 years but have lost a lot of faith in their ability to hit a target. I guess I'm interested to see if your veiw has changed like mine?
Thanks in advance

CDG Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
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