ram01, The ball mill and plant issues are not random, its a...

ram01,

The ball mill and plant issues are not random, its a direct reflection of managements ability to run a mine, why did they buy a faulty ball mill in the first place? Maybe it was cheap for a reason but nobody checked. See VXL and a host of others with second hand plants running into trouble. The jv agreement signed also failed to link the debt repayment to the issue of permits required to pay off the debt, an epic fail which has put further pressure on the company with potentially worse ramifications. Despite the up beat update in the interview it rings alarms bells to me, seems a high risk gold play with a real chance of closure.