PRX 0.00% 0.2¢ prodigy gold nl

Ann: Despatch of Letters to Shareholders, page-9

  1. 494 Posts.
    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.

    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)
    * Subject to change and dependent on access during wet season
 
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