I was trying to imagine the risk profile issues myself the other day, and I just can't see too much in the way of the usual production startup issues.
As far as the mining is concerned I am certain they are already stockpiling ore on the pad and all the noises have been positive about grades etc in relation to Lady Annie and adjoining prospects. The heap leach process ought to be low risk I would have thought, although I am no metallurgist. There has been a fair amount of detailed numbers about projected recoveries over the life of the mine, so again I am imagining this to be a very robust and reliable process. The actual metal production is from electro-winning from the leach, which again seems well proven technology and low risk.
All in all, I am pretty confident that the startup will go smoothly. I have a high regard for management and we are being given all the right indicators...with production only a couple of months away, I am sure they would know if there were problems and none have been reported.
regards DF
CUO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
