final stages before production

The following is a summary of the remaining steps required by CCI before commencing production at Ruighoek.

I anticipate all the steps to be straight forward without much hiccups. Anticipated time frames for steps 1-6 should be about 3 months and production followed as soon as the mining licence is granted. I estimate a further month or so.

STEPS:
1.complete feasibility studies
2. complete infill drilling program in a small number of locations
3. completion of social and labour plan
4. conversion of old order prospecting rights to new order prospecting rights
5. sourcing project finance from BEE partner
6. apply for mining licence
7. granting of mining licence
8. BEGIN PRODUCTION

I also anticipate a 'Ruighoek production forecast presentation' sometime in May followed by a broker presentation soon afterwards.

All in all it will be an exciting period over the next several months.

Lets not forget that CCI are currently completing scoping work on their other 4 mining farms as well as due diligence on their recent prospects (3 in total)announced the other day.

I hate to be sitting on the fence on this stock.