sivart
The best news I have heard is from poster Tuskan on this thread that Xstrata are working to get the Albion process working to specs. I have suspected that there was a lack of expertise at PGI, in addition to some issues with the equipment that was supplied.
I still can not understand what is really holding up fixing the CIL recovery rate since that has been ongoing for months. Maybe outside expertise will also help solve this.
I would be more relaxed if they got to 75-80% of the planned recovery rate of 70%, because then there should be a surplus of funds from operations to meet all obligations and to undertake some exploration.
We will know more in April when the quarterly report forces more disclosures, especially on PGI's MacBank obligations.
Good luck.
loki
testing testing testing, page-66
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