"During the period, mining and processing operations continued at the Bibiani project, with 255,000 tonnes of ore mined, 8,440oz of gold produced, and 9,503oz gold poured. Bibiani processing plant commissioning activities were progressed as far as possible during the quarter, however the remaining outstanding works can only be progressed pending receipt of funds from the Resolute Offers, which, as outlined in the Prospectus, is expected to take place on 1 March 2013."
"Crusher The crusher assembly is progressing, however is awaiting parts which will be ordered on receipt of funds from the capital raising that is currently underway. The crusher installation is 80% complete. A hired mobile crusher was operational in December, treating the oversize ROM material that would not pass through the bypass feeder grizzly."
Ounces poured higher than I expected so that has to be a positive..
Crusher won't be completed to receipt of funds on March 1st.. So still some time away....
NMG Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
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