Share
6,689 Posts.
lightbulb Created with Sketch. 226
clock Created with Sketch. 26/08/14
18:00
Share
Originally posted by Freehold
↑
The market will tend to do the opposite of what the bulk of people expect... The bulk of peoples views now are that more delays are expected... I don't see a delay on the plan "yet". Let me explain putting on my project managers hat. "...An aggressive schedule has been agreed aiming for completion of the transaction facilitating the availability of debt funds by end Quarter three. Timely closure on the debt is on critical path and a key milestone that drives the Stage 1 project schedule. ..." "planned latest delivery date" which appears to be on or around End of Oct . If not delivered by then ...the whole project starts to get delayed as its a key milestone on the critical path on the plan which will have multiple dependent tasks that cannot go ahead until its completed.all still appears to be within the allowed task "free float" of the project schedule and still allows the mine to come in on time . I think its rather a expectations mismatch been shareholders and management which could be clarified with a publication of a broad project plan with key milestone dates.
Expand
Freehold,
