Take care in assuming that mining has stopped. The quarterly report did not actually say that. It is a poorly written document but it does state "Mining of Ector and the processing of stockpiles will be reviewed following the commissioning of the new DMS Plant at the end of the wet season. Meanwhile the PLANT has been put on care and maintenance". Notice I wrote plant in capitals. In minIng parlace you refer to the mIne as the source of the rock and the Plant as the ore ore processIng locatIon, wIth the stockoiles In between. This does not state that mining has ceased. I simply states that the Plant is on C&M. It is entirely possible (and quIte lIkely) that they are still mining. It would make sense to hold off processing until the DMS Plant arrives.
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Held
