re: News: Millennium Minerals hit shallow hig... A few important...

re: News: Millennium Minerals hit shallow hig... A few important points coming out from here:

1. 75% of equipment ordered;
2. Costs are on budget;
3. Timeframes still as planned. Production to commence 3Q 2012.
4. Peak construction period Feb next year - I'm thinking this is when the SAG Mill arrives.

All in all, this company is very much on track to commence production. Which means the options might come into play come Jan 2013 when they have 1q of full production under their belt. This will pay-off the debt funding.