OMG more delays. Why have Sandvif pushed out the delivery by 12 months and when was that decision made.??? On the 8/03/22 the OC was to start last year, so the equipment should have been delivered towards the end of 22.
To give some prospective, an extra 3% interest would cost about $500 a week when the Quarry/re-treatment lost $175,000 per week last QTY.
When do you think this is going to become cash flow positive. Because if it takes until next year they are going to need a sugar load more cash.
Ann: Environmental Authority to Resume Open Pit Mining Secured, page-7
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