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Ann: Chatree Gold Mine Update, page-130

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doncamilo

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10/05/24

07:19

Post #: 73754170
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Originally posted by doncamilo: ↑

ARE YOU READY ?
PLANT 1 hitting the MARKET!!!!

Plant 1 is ready for acceptance and the authorities started on Thursday 24.04.2024. (2 weeks passed already)....we are ready to go any day!!! If there are no problems/requests, we can expect the start-up/ramp-up the next days . The first tranche of the new driving equipment is operational on site. The staff are being trained. Lotus Hall extending their balsing crew... do you see it ?

Not the very largest parts, but already in the upper range. 5 Cat 777 tippers, 1 x 395 (excavator) and 2 x D8 dozers.In the last 12 months, more than 3 million tons have been processed with the old equipment in Plant 2 (exceeding the target output). Further requirements can and will be supplied by Caterp.

New positive drillings within a radius of 2-7 km are being reported again.Upward price changes ?

If, as expected,,,,loans can be taken out. After the ramp-up of Plant 1, we will be in the region of 6 million tons (+) p.a. and from this point of view the year should be quite reasonable.

It cannot be ruled out that our loans will be paid off by the end of the year and that the final arrangements with the insurance company will be taken care of.Ultimately, the “windfall POG” should be helpful this year. With the rather helpful proportion of silver, an additional “treat” is not completely out of the question. Have fun HOMO

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LUNDIN GOLD ? NUEVA ESPERNZA ?

https://www.mining.com/gold-fields-begins-gold-production-at-new-chilean-mine/

https://ca.finance.yahoo.com/news/lundin-gold-declares-quarterly-dividend-012900487.html

KCN Price at posting: $1.58 Sentiment: Buy Disclosure: Held
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Ann: Chatree Gold Mine Update, page-130

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Ann: Chatree Gold Mine Update, page-130

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