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bevter

25,726 Posts.

1245

07/06/18

11:04

Post #: 33556153
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Originally posted by 87 Crash ↑

I am not expecting much progress over the last month from a gold perspective.
However I am expecting to hear a few positives such as,
Earth movers from harmony have been delivered and have been commissioned. (this will make a big difference when these are in operation).
The bogged rig has been refurbished and is in production.
As well that the line has ironed out all its bugs. I would expect that many of the pumps, and other bits would not handle the increased 4 to 6 tph material and will crap out. It only takes a a couple of days at increased production to realise that. I am not sure our brains trust running on the smell of an oily rag, have thought about that. Therefore I am expecting a few minor operational issues. It sucks but that is the reality when the kit has been idle for so long then all of a sudden you try to run increased production. Its just does not work that easy.

I do expect that once the earth movers are in operation, they will get to the better feed that suits the circuit, instead of this low gold difficult crap.

I am holding for July, that's when the party should start.

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A few assumptions there. They seem to have more smarts than some ppl give them credit for.
I have to go out and will be tied up for a few days, but it would be good if someone
could collate all the good points that have been made recently and post them.
A lot more positives than negatives here IMHO.

NIU Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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