EMR 2.60% $3.55 emerald resources nl

Now call me stupid but??????, page-95

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    Dear beanpea,

    It would be fair to say the company is 3 months behind where it hoped to be, and that first gold is 12 months away. Despite this there is progress being made (relocation of residents, electricity to mine area, roads to mine), and one remains hopeful that even if dirt is not being turned, that when approvals are secured they are fully ready to act. I am always looking at progress being made, anyone with experience knows the timelines proffered are the best case scenario which rarely turn out. Knowing this, one must still see progress and we can safely say that progress is being made, even if it is not as fast as we'd like or as quickly setout in an old slide attached in a presentation.

    The next 6 weeks will reveal more to all...
 
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