Thank you for the update darong...I cannot get to the presentations. I particularly like the point about
Commence pre development work April '04
It was something I was told recently but, didn't put to much wait on it. But the more I think about it the more positive I feel about early production. Gary Stafford is both very sharp and very conservative. I believe he likes exceeding peoples expectations!
Yes, they will likely start with heap leach where the capital costs are less than US$20m (vs CIL at capital cost of US$30m remember OXR implemented CIL of approx US$40m). PNA may move to a hybrid heap/CIL processing in late 2007.
PNA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
