reason for 3% rise, page-22

This from REDs Management...

Dear sir,

Thank you for your query regarding the announcement of commercial production.

The company will announce commercial production once we have achieved the stated target of 30 consecutive days of processing at a minimum of 60% capacity.
At the time of making the statement the company had expected this to occur by early April but until we do achieve the stated targets we cannot declare commercial production.
In the meantime the plant is producing gold and we have had shipments to the refiner.

Regards,