PRW 0.00% 0.1¢ proto resources & investments ltd

You guys are kidding yourselves if you tihnk that Barnes Hill...

  1. 141 Posts.
    You guys are kidding yourselves if you tihnk that Barnes Hill will be in production by mid 2009. The team time on major equipment items at the moment, like leach pads, etc is 24 months. In addition to that there are the environmental approvals which will take a minimum of 12 months to get from th Tassie government. All this adds up to Barnes Hill not being in production for 2 years minimum. I'm not trying to be negative on this, just realistic. Those are the timeframes that would be producers are dealing with at the moment. It's going to be a long slog for PRW and keep in mind that they have no previous mining experience at an executive level.
 
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