This extract is from the 2005 AGM Roundup. By Mr Foord
9 December 2005
"Finally, Mr Foord reports
that at its current rate the Warrior
gold mine is progressing with
production levels scheduled to
produce gold resources at a rate of
40,000 ounces per annum,
equivalent to approximately 3300
ounces per month, over an
expected mine life of ten years."
Based on the above are we 1, 2, 3, 4 or 5 years into the expected mine life of 10 years?
Actually it is a trick question, note it says scheduled to produce 40,000 oz per annum, so it is only a dream we are still at year 0, so the mine still has 10 years left of expected life.
The crystal ball was ceretainly cracked, in fact I dare say it was a solid lump of granite in the shape of a crystal ball.
Incredible to think I used to believe all this stuff, there goes another flying pig. DYOR
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This extract is from the 2005 AGM Roundup. By Mr Foord9 December...
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