G1A 0.00% 5.9¢ galena mining limited

Ann: Abra Construction 46% Complete, page-3

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  1. 88 Posts.
    lightbulb Created with Sketch. 98
    This is a great announcement - every 4.5 days the project completion increases by 1%.

    Byrnecut smashing the schedule now at 689m or ~100m vertical. Total vertical distance from portal (bottom of boxcut to top of ore body) is ~250m (RL 1550 of portal, RL 1300 top of ore body). only 150m vertical to go!

    Byrnecut are advancing 250m per month....150m vertical at 1:7 gradient plus 250m of horizontal development (provisions for stock piles and diamond drill cuddies etc) = (150 x 7) + 250 = 1,300 / 250m = 5 month left....we are at the top of the ore body in June.

    Going back to my last post the hold up will be the flotation cells 12 August which means the site will enjoy 2-3 months of building ROM stocks!

    Seeing the raise bore in place is what I wanted to see in the update! Well done

    How is this share price not 50c
    https://hotcopper.com.au/data/attachments/4089/4089956-5d416a4290b0bd08e083e6994cceb15e.jpg

 
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