I can’t say I was as brave in the plunge, but as they say...

I can’t say I was as brave in the plunge, but as they say fortune favours the brave.

Today’s announcement is great news; two barges actually turning up and being loaded! At last reality has achieved expectations.

Reflecting on the AGM Presentation from Nov23, we are roughly where they said they would b. I say roughly because saleable production was expected to be circa 14kt/mth and we look like we will deliver 2 sales of about that total in the next 4 weeks. The real challenge comes in May when we expected to double production to 25-28kt/mth; we know the mining contractor was planning on the ramp up but will we be able to ramp up the road transport, finish the loading facility and get double the number of barges.

Baby steps are good and I am celebrating another “near death experience” with a development company but now we will experience the growing pains which can be just as trying. Hopefully some more money in the bank will make that a bit easier. Should be a good couple of months ahead, before we start to see if we are in a good ramp up plan.