C7A 0.00% 1.1¢ clara resources australia ltd

Ann: Exploration, Development & Corporate Update, page-264

  1. 7,151 Posts.
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    They should have it together next quarter to be processing ore from Granville East mine, through the Granville Processing plant and trucking it to the port for payment.
    The 5 tonne test run was done over 12 months ago with a shipment to Malaysia which was successfully completed.
    Come the end of next quarter, at the latest, they should have all regulations passed for Taronga and everything in place for commencement of the development of T1 with full plans and forecasts announced.
    Come the beginning of 2nd quarter 2019, Granville should be exporting on a regular basis with the development of Taronga underway.
    Marketing could start when exports begin on a regular basis from Granville, hopefully in February, and Taronga development, if not begun, fully outlayed.

    Beginning of 2nd quarter next year, if not before, everything should be in place for ANW to be presented as a sound investment for both institutional and retail investors.

    No more excuses .
 
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