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Ann: DSO Update, page-91

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Beobachterund

1,227 Posts.

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11/05/19

17:35

Post #: 38520314
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Originally posted by Abacoolloo: ↑

That is absolutely correct. Building was slowed, however I believe from the presentation I attended all parts etc. are on site. They have all the ore ready to go as soon as DSO is approved (immediate cash flow) and as we know a few mines ready for purchase (already done due diligence). Once we have the first 2 smelters up and running by the end of the year Hamish mentioned he is looking to expand to the next 2 very quickly. They will not be 2nd hand like the first two and we should not have the same delays we had with them.
This will move very quickly once it does as I believe a lot of work is going on behind the scenes.

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I think that the 2 smelters should running before end of the year, but it needs to stated in an update on smelter installation Ann by the company.
I will go back to the smelter installation Ann to check what was the build up timeline.
After DSO ann it could come an update related to the installation.

Up and running you good thing, that's what is needed now.

Best wishes

BEO

GMC Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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