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5.9¢ galena mining limited

Ann: Abra Construction 58% Complete, page-4

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plough

33,346 Posts.

1703

14/04/22

10:46

Post #: 60851012
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Originally posted by prhb ↑

We are half way through April, so completion would likely be more than 60% now.
Definitely worth more than yesterday's close of $0.225.

The detailed breakdown of spend areas, critical purchase items with on site delivery date and project spend gantt charts inspire confidence that they doing well on the project management front. The only hiccup appears to be the material used in the tailings storage, and that does not appear to be on the critical path.

GR Engineering recently completed the plant build at Calidus - apparently successfully, as crushing has commenced there, first gold pour within three weeks.

We have first rate contractors, and so I think it's time for one of the partial share price upward rerates.

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"We have first rate contractors, and so I think it's time for one of the partial share price upward rerates.'

They sure do take pride in their concrete formwork , the smoothness and fitment shown in figure 5 of the fine ore bin under pass would be higher in quality of workmanship than most high end concrete homes would have for internal walls .

The foundations for the Ball mill looks massive

Kudos to RedDog for getting the completion % correct .

G1A Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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