pfs or back of envelope, page-36

Can I just remind everyone of AD's quote on the new JORC mentioned the mine to "be in production in late 2010". This is the first time the company has mentioned which side of the year they expect to be in production. It seems a set back from the expectation of 3mt in their first year AND they are looking to be mining in 2010."




Once again another poster doesn't read announcements properly. Guys go and have a really strong coffee or tea and wake up will ya! :)

AD has NEVER said that they will have produced 3mt by 2010. He has ALWAYS stated production from 2010 producing 3mt which means 3mt per annum from start of production.

C'mon Red! What were you thinking??

Champ