i spoke to PJ at mre on friday and production is doing very well as i stated,heap leech ,once pilot program is successful then stage 2 will be announced ie expand heap leech to 10k tonnes pa this hopefully in july/august maybe around half year results,and then hopefully by end of year /early 2008 ann expansion plans to 40k per year for heap leech,Glencore are pushing hard for full expansion of heap leech ,also remember in stat shut down 4th qtr 07 they are installing a new acid plant this will enable expansion to stage 3 on heap leech.
MRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
