I can't find the mention of 6 months to production in the documentation around the capital raise - am I missing something?
From 17/5/16 & 20/5/16 announcements
1) Initiative bulk sampling
"NTL will extract on average 650 tonnes per month for a period of 18 months to 24 months"
NTL have advised they have initiated via announcement 5/7/16.
"view to begin construction Q3 2016" - so I expect to hear more regarding this at end of Jan.
2) Accelerating the bulk sampling programme
" subject to optimal funding..."
"build volumes....up to 20,000 cubic metres"
Basically expansion of 1) - I think we can assume optimal funding was achieved
3)Complete the feasibility study on the project
Won't come until after 1)/2) started.
4)Accelerating the transition from bulk sampling to Phase 1 of the longer term production plan
This isn't due to start until 2018 based on the annual report.
So 2017 - 2018 will be bulk sampling - full phase 1 production not until mid 2018 at best?
I can't find the mention of 6 months to production in the...
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