In my opinion, most Time table item from week 5 on should facilitate an announcement, both so that share holders get to feel warm and fuzzy, reassured and confident in their investment, plus to sell the stock to brokers.* Subject to change and dependent on access during wet season
ABU seem poor at marketing through being informative though.
Stated ABU Production Timetable below
Mining contractor selected and mobilisation
commenced in February 2015
• 12 week period* to commissioning
• Weeks 1 to 4
• Site establishment
• Access road grading
• Pre-strip
• Weeks 4 to 8 (Should be about here NOW at beginning of March 2015)
• Mining & stockpiling of first ore
• Coyote plant refurbishment starts
• Weeks 8 to 12
• Coyote Plant refurbishment completion
• Commissioning with 10,000 tonne parcel (March - April 1st ore run)
The all important out clause (wet season forgiven)
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Ann: Despatch of Letters to Shareholders, page-9
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