Obviously it would be better to have RMS or BHP management here, but still I'm hoping it will be a fairly simple operation. Processing is via toll treating so out of their hands, trucking is via a contractor so should have no issues, mining via contractor as well. As long as they hire quality mining people to oversee and manage the operation then I'm positive on a good result. The high gold price obviously adds a safety margin to the operation.
You would expect that the hardest part of finance is the initial approval from the IDC and Commercial Bank. Once that is locked in the other funds should flow as investors realise that this company is very close to production during a gold boom.
Obviously they butchered the EMI so agree that likely not everything runs smoothly.
THE 4 MILLION OUNCE BET, page-10594
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