kyrgyz election emboldens aussie miner to dig , page-16

Canonman,

You clearly have no idea what you are talking about.

Yes the announcements where previously due by the end of 2011, no one is denying that.

The Burnakura Feaso was the first item due. This has been delayed due to the company examining underground mining options. Management have stated that this will NOT delay production, which is still scheduled to commence mid-2012.

The other announcement we are waiting for is the Jervois update. As per the recent company insight report this was due by end of 2011 and obviously has not been forthcoming. It is anticipated that this will be released within the first two weeks on Jan.

The third and perhaps the most important (short term) announcement is the Andash one. The Kurulti needs to take place and then the market informed of the outcome. If you have read the recent posts on KGL you will notice a number of news articles suggesting that an agreement is close to being signed. Again I think news will be forthcoming within the first two weeks on Jan based on these articles and the previous anns to the market by management.

Obviously it is slightly annoying that management missed the "end of 2011" deadline but not a massive issue in the scheme of things.

Also the market will only "rerate" when the ann comes out. So I dont know why you are saying the market has not rerated it yet.

Feel free to republish your post at the end of Jan if Andash and Jervois have not been released. Your comments may hold some weight then.