re: re:bmo conf..bt live A quick snapshot of what I scribbled...

re: re:bmo conf..bt live A quick snapshot of what I scribbled down was-
1)Not going underground for another 2 to 2.5yrs - end of 2007? Open Pit to go to 130metres by then.
2)Six drill rigs operating within a month with two already operatiing at Kinsevere.
3)US$12mil CapEx required for the Mutoshi coarse rejects project to be operational by Nov this year.
4)Have already done 2,000metres of RC drilling down to 40metres at Kinsevere and now taking that drilling down to 100metres.
5)Kinsevere will initially be heap leach operation then SXEW operation and then eventually cathode copper will be produced.Total CapEx required of US$30mil
6)Will be producing 45000 tonnes/pa of copper by the end of this year with the two starter projects in production.
7) World Bank Public Risk insurance covered by April -meaning reduced premiums for this insurance.
8) 600 people currently working at Dikulushi.