C7A 0.00% 1.7¢ clara resources australia ltd

Ann: Development and Exploration Update, page-141

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    Having gone through last Friday's announcement again it appears even more allusive than before.

    "Construction of the TSF was the final 'major' [what minor ones are there ?] permit condition required for the Granville expansion" [the condition has been completed, now we await the permit].

    "and the company will now 'move to resume' [start working towards] and increase the production of tin concentrate". 

    "During January the processing plant will transition from re-processed tailings and stockpiled material to ore from the Granville East mine". [in preparation, not necessarily commence production but hopefully it will be so.].


    This is not a complaint as such, but being Monday morning I wondered what can we expect to eventuate this week, so I read through the announcement once again, and as I noted above, there is nothing indicated for this week or for that matter, at any particular time. Can't exactly blame management for not giving any actual times, they have at least stated the situation as it stands though. 
    Which of course leaves it once again open to speculation and imagination.

    The announcement I am really waiting for is the shipping of ore and payment through Traxys. Hopefully there are no additional holdups in that area once production of East mine material has begun. Hopefully February all will be underway.

 
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