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Sorry to ask, but just wanted to clarify something I don't...

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SentryBox77

1,271 Posts.

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13/08/21

13:27

Post #: 55267372
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Originally posted by tomboy: ↑

SC, great detective work there.
Those google maps pictures prove this now even more

Black Swan is in an advanced process of restart of its monster processing plants and its massive open pit & its deeper world class high grade mines at SS GS ST Gosling.
I have been saying for 12 months now that there is a stealth restart of the BS monster mill & open pit
Looks like its been underway for at least 6-12 months

EXHIBIT A = appointment of BS mine manager f/t in 2019
EXHIBIT B= appointment of f/t electrical manager at BS (2020 on seek.com)
EXHIBIT C = SS refurbishments
EXHIBIT D = ladderways & escape route installed across SS declines
EXHIBIT E = aircon vents and flutes instal through SS to DD, BOD approved in 2019 in advance
EXHIBIT F = Gosling 2 x DDrives refurb enabling drilling from there by Webdrill underway now (so the refurb must have been completed by at most June to book this in)
EXHIBIT G = DD to GS was extra wide and allows 2-3 truck drive down both ways
EXHIBIT H = $3.2M for "support services at BS" in the Q4 budget
EXHIBIT I = google maps pictures showing BS open pit dewatering
EXHIBIT J = BS scoping study done faster earlier than planed (Oct but released in July) & further engineering restart studies now in process as declared recently
(this study revealed the mine plan is now option 3 ie BS GS SS W to BS mill)

Some of these items were not announced to the ASX & others buried in back pages of budgets in the Q4 report

last year I stated on here that if there was a stealth restart they would secretly drain the flooded BS open pit without advising the market & send to the dam or sell the water. Now we can see for ourselves its happening.

Last years 2018 to 2019 this budget for C&M of BS was only $0.1M pQ so it has been escalated & beefed up to $1M per month now for serious restart refurb works.
We still do not know what "support services at BS" means & what its for.
But it must be for refurbishment & restart works.
The engineers have been walking through all the parts there for the last 12 months hence the early scoping study results were very revealing, a faster cheaper restart of circuits 1 & 2.

With $30M cash & NO DEBT & massive 440KT JORC and massive 3.7MTpa processing capacity & NP at 8.80 they MUST RESTART the BS Project mining & production operation.

I strongly support the restart of BS monster mill and massive open pit & its high grade UG mines
I strongly oppose any divestment of the monster mill & mines at LJ that are better than Nova on their own

Just announce the decision, as the mine plan, DFS & FID looks already decided to me.
Just say we are RESTARTING the BS plant & pit & miines by 31 December 2021 & we have the funding to do it.
Why the stealth? Why understate & keep secret this progress, typical POS stuff as in the past.
Its a no brainer, tell the market.

Look at their actions not their words,

START HER UP!

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Sorry to ask, but just wanted to clarify something I don't understand. The pictures that sircorp posted of the BS open pit with water in the bottom of it... how does that prove that it has been dewatered? ...was it full of water to the brim before that or something along those lines?

POS Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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