HAS 0.00% 29.0¢ hastings technology metals ltd

Ann: Yangibana Ore Reserves Increase by 25%, page-82

  1. 22 Posts.
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    I found that today's announcement is very positive:


    YANGIBANA ENABLING WORKS
    Enabling works commenced in 2022 to build the site infrastructure required to support the workforce and logistics
    required for the mine development and construction of the beneficiation plant. Significant progress has been
    made on these activities since December 2022, and the site will be ready for main construction to commence
    around mid-2023. As of February 2023, early works progress at Yangibana is approximately 70% completed,
    including:
    • Site Access Road: Construction of ~25km access road alignment trafficable with two lanes to connect with
    shire road network – 80% complete.
    • Kurbilli Accommodation Village: 126 of 300 beds are in place and supplied with power – 80% complete.
    • Yangibana Airstrip: Construction progressed to 80% completion – will allow for up to 70-seater aircraft.
    • Communications: A series of communication towers installed to allow permanent high speed communication
    with site – 100% complete.
    • Additional enabling works contracts such as the civil works for beneficiation plant area will be awarded in
    March-23.


    And development and construction is going quite well. But the SP is very sick, to say mildly.
 
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