Yes good news and also pleasing to see that they have done some hedging of 6000 oz of the 32000 oz (think that is the correct figure) expected annual production. It is good to see company's like BCD lock in a certain output as it gives them certainty over that proportion of income.
What disappoints me is that the last statements from MAR was that they expected final commissioning in Dec 2014 and production of first concentrate in Jan 2015. This latest announcement now pushes it out to Mar 2015.
Still, I am happy to wait for the income stream that will flow as soon as they start to produce gold. I will just keep hanging in there. I noticed today that the person who had a 4.5millon order at 0.006 moved it up to 0.007 hence today's close at 0.007 and a lot of unfilled demand at that price.
Griff
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