GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy awards Mt Cattlin Mining Contract, page-11

  1. 3,323 Posts.
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    Planned Milestones – Period Ending 26 November 2016
     Maintenance rectification of operational bottlenecks (Sunday 13 November)
     Analysis of Li2O and mica concentration in initial production stockpile
     Complete continuous 10-hour production run with no operational or maintenance downtime
     Implement onsite Li2O and mica analysis
    Commence 24-hour continuous production
     Optimization of lithium concentrate specifications
    Begin trucking of lithium concentrate to Esperance Port
     Optimization of lithium yields
     Continue with minor punch list items

    The way I read todays announcement is that all milestones to date are being or have been met,
    Importantly 24 hour production, and we may even have shipped Lithium to Esperance port.
    The announcement is bullish in that they have appointed contractors for mining and blasting.
    This would not have been done if there were delays or plant production problems.
    They had a stockpile to process and are most likely smashing through this.
    Perhaps someone has contacts at Esperance Port ???
    Last edited by RED328: 22/11/16
 
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