CTO 66.7% 0.5¢ citigold corporation limited

power plant another red herring, page-17

  1. 647 Posts.
    Tricha,
    From looking at their maps and the Google satellite image, the Warrior mine (Washington open pit area)is about 5 km east of the plant as the crow flies, and about 12km if the crow has to drive an ore truck.
    I rang the mine (07 4787 8300), and they said that the Warrior Mine and the Mill are on two completely different and independent supply circuits. The Mill has a 5MW circuit but the mine has only 750KW, upgrading to 3 MW. They said they have been trying for over 12 months to get Ergon to upgrade the powr circuit - Ergon is a QANGO that trundles along at its own pace. Lack of power has been a real issue in upping production for over a year.

    Hey Skaterboy how about ringing Ergon and get their side of the story.


    U R running a business.U need to be cashflow positive as soon as possible. which option would u take.

    1 - Would u spend your energy\cash drilling a deep hole.

    2 - Spend a little bit more and make the power thing happen.

    3 - I'm sure BMA gold just down the road could loan them a generator or two.

    A generator, a lot of remote mines run on them.It's not rocket science, it's very basic.

    I think u will find Dominion mining do.





 
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