Mr Morgan please explain..............

  1. 433 Posts.
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    in your Chairman's address to shareholders of Tuesday Feb. 14th 2017 you said........

    1.5 Haoma’s future as a profitable gold producer is extremely promising.

    The Elazac Process used to achieve the above results can be implemented in the existing Bamboo Creek Plant to produce gold using conventional processing methods. A ‘full scale’ gold producing ‘Pilot Plant’ capable of processing up to 10 tonnes of Bamboo Creek Tailings a day is expected to be operating at Bamboo Creek within the next 4-6 weeks. Once operating efficiently the Bamboo Creek Pilot Plant will be upgraded to initially process up to a 100 tonnes of Bamboo Creek Tailings a day before the Bamboo Creek Plant capacity in increased to process up to 250 tonnes per day. Based on recent test work the Directors believe the ‘cash flow’ generated from the Pilot Plant processing 10 tonnes of Bamboo Creek Tailings a day will be sufficient to cover all costs. The expected the cost per gram (ounce) of gold produced should be significantly lower than the value of the gold sold.


    Your second sentence clearly states 4-6 weeks (not 4 to 6 months)............we demand an explanation to what otherwise could be interpreted as, misleading the market.
 
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