As stated in the announcement the development will take 18 months before production starts, but i am sure it will help the share price, regardless of this looking at the development costs of Potosi, i am wondering what will happen with Mt Oxide, as i understand it they are due to make a development decision on Mt Oxide in the second Qtr of 2011,do they have the money to cover both developments from funds in the bank and cash flow,or and do they borrow more, regardless of there decision they certainly appear to be heading in the right direction, my thoughts only DYOR
PEM Price at posting:
59.0¢ Sentiment: ST Buy Disclosure: Held