CLZ 0.00% 0.1¢ classic minerals ltd

Whilst an exciting announcement, who writes and then reviews...

  1. 53 Posts.
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    Whilst an exciting announcement, who writes and then reviews these for accuracy? Seriously.

    In the summary (emphasis theirs):

    • Classic Minerals remains on track to achieve the first gold recovery through the Gekko
    processing plant by the end of August 2021.


    Then further in the announcement, the quote from the Chairman:

    The Chairman, John Lester said “This is yet another key milestone achieved by the management and
    operations team of Classic Minerals Ltd required to formally transform Classic from an explorer to a
    miner. We remain on track to construct and mine at full capacity by the end of July 2021 and we look
    forward to updating shareholders as additional milestones are reached
    ”.

    So is it July to mine at full capacity, or is it August for the first gold recovery?

    I wonder how many billions of shares and options JT Metallurgical Services Pty Ltd will be issued between now and then, considering they will continue to "manage the ore processing" once the Gekko is at Kat Gap.
 
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