SBL signature metals limited

The board plan to be in production ASAP. Here is a paragraph...

  1. 336 Posts.
    The board plan to be in production ASAP. Here is a paragraph from the Annual report regarding the existing plant.
    Inspection of the CIL plant remaining on site at Konongo has been completed and shown that the plant is in good condition. As a result, the costs associated with refurbishing the plant are expected to be minimal in comparison to the capital cost of a new plant.
    The presence of the plant onsite at Konongo presents Signature with the opportunity to move quickly into production early.
    The time required to make the plant serviceable again is forecast to be six to twelve months. The Company believes 250-350,000tpa of ore can be processed with the plant in its current configuration and the potential for future expansion is being examined.
    They are already looking at refurb costs.
 
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Currently unlisted public company.

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