" Production at Talang Santo expected to resume in November with accelerated ramp-up scheduled to hit targeted annualised rate by the end of the March Quarter."
I guess that since the result of the inquiry and resumption of Talang Santo mining is price sensitive, that there will be a prompt ann to that effect.
IMO when both mines get to optimum production we'll see the plant running at close to its 600 ton/day capacity.
If we assume a modest 10 g/t average throughput, this would be 70K ozs au p/a without silver.
Given the prospects for gold and silver over the next year, the company could plausably have $50 mil in the till by March 2014 and a resumption of dividends if it can avoid any further black swan events.
With kind regards Moorookamick
KRM Price at posting:
96.0¢ Sentiment: LT Buy Disclosure: Held
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