Gday guys, just thought I would share a little information that I received from the local pub today.
Shoot me down if you like but it may make a little difference to my future investment in this Co.
I was told by a guy in production that is on site that Karara is ramping up DSO by double this month for cash flow as Mag is still some way off. I know a couple of guys onsite who have told me that there may be a few probs out there with commisioning, one guy even described it as a shambles.
I dont understand the workings of a mine this size as I am in a different field, but I do understand the state of the economy in Gero and how downbeat everybody is in at the moment.
I take these guys a little more seriously than things I see on chat forums as They are on site at the coalface. Although there are some on here who obviously know Karara and a lot more about FE than I do I have respect for.
Just a small holder expressing my opinion so please dont bite my head off
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