SBL 0.00% 0.1¢ signature metals limited

new substantial holder, page-19

  1. 166 Posts.
    I'm not in management, but this is my take:

    1. they needed the crusher online;
    2. they needed to know the plant was functioning correctly before putting through decent ore, hence the tails;
    3. they needed to pump the water out of the pit; Look below,


    And for the above reasons, there has been delays and this has cost money which has deflated share price and has made us a takeover target.

    Don't know much about the ore, but how I see it, same type of material and same plant, can't be much different.

    have a look at this summary.

    http://www.dthrotarydrilling.com/News/8-January-2012/Konongo_Gold_Project_Ghana.html
 
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