Initiation of Coverage, page-2

There are a number of different valuations being published today.... None can be validated until the mine is in production for a full six months..... It is time BoD step upto the mark and deliver on the agenda.... No more delays in getting to production and build credibility and trust into company.... Only then can true value be obtained........ They claim again all is going to plan... All equipment on hand and what is installed working better than expected... Lets hope that vital part of equipment ( that delayed full production) is installed to complete the full start up of production.... I had total confidence in BOD before last excuse and took them on good faith .... I accept delays are unavoidable but they are 12 months late from when they predicted full production to commence and did issue news that all was proceeding to plan ....IMO I do not see plant in production at beginning of February as announced....