Very true, I guess all total speculation and a bit of fun as we play the waiting game. But those diggers will go nicely with the minining equipment, crusher, pumps and other things that were highlighted in the activity report a few weeks back as part of that $70m delivery...
A Feasibility Study for the development of the Adidi-Kanga Gold Project was also finalised by AngloGold Ashanti, who commenced initial mine construction activities with the purchase and delivery to site of approximately 70% of the mechanical equipment proposed to be installed under the Feasibility Study.
This equipment is documented to have been purchased at an estimated cost of over US$70m and included such items as crushers, ball mill, Knelson concentrator, compressors, mobile crusher, pumps, screens and mobile mining equipment. The Company will require further electronical and mechanical assessments prior to determining the full value and extent of potential use of this equipment in future operations.
VEC Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
