"The variation provides for a change to the hours of work permitted for the operation of the processing plant to a 24/6 basis (excluding Sundays and public holidays) compared to the previously permitted 16/6 basis (excluding Sundays and public holidays) and will facilitate efficient plant operations and POSSIBLE capital expenditure reductions in respect of the processing plant."
The word "possible" ! Mmm !
That should read "DEFINITELY" unless you where expecting to process 50% more 16 + 8 = 24 !
Not in complete surprise as I have always said Cononish holds more than our old resource and our new MRE has more than confirmed that ONE and we are still open at depth and on the west strike and that does not take into account the potential for additional resources within the immediate vicinity of the Mine, was it 500,000 ounces Snowden said ?
SGZ Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held