The Gold pour was due 7 weeks ago. Its clear the plant is running into problems. Its likely to be significant.
This is one of the biggest risks of this type of investment.
- Is the engineering/design sound?
- Is the standard of the construction acceptable?
- Are technical problems accurately identified in the commissioning process?
- Are they dealt with the best way?
For now I'm not buying anymore. Overheads are continually chewing into cash reserves while no gold is being sold. How long can this go on?
plant problems
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