CTO 0.00% 0.4¢ citigold corporation limited

Tricha,From looking at their maps and the Google satellite...

  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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