They're still making good money and it looks like it'll be mid-August before commissioning of Stage11 commences and that should co-incide with them receiving the new efficient equipment that replaces that of their bankrupt contractor.Let's hope that commissioning can be completed by the end of the Sept quarter - so we might have another challenging quarter to endure before the real money starts to flow - we must always continue to look forward with this stock as the promises will eventually be delivered.
Lack of any details on other activities is very annoying -it's as if no other developments/prospects exist and I find that hard to accept - it looks like we're being treated as mushrooms again.
It seems you have to go to a shareholder presentation before you get any real info here so wonder when the next round of presentations commence.
This report is not going to excite the Canadians - we'll have to assume that the Gecamines deal is still on the table and just wait for the announcement.
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quarterly report just released, page-8
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