AAU 14.3% 0.4¢ antilles gold limited

update on las lagunas project, page-56

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    The motor issue could also be caused by low voltage supply.

    Output required stays the same so any drop in voltage requires an increase in current = possible overheating of windings.

    It could also be a cooling problem (ie. bad design).

    At least they can still run at 50%, so whatever they have been producing can continue, until the new motor arrives.

    They could probably run the motor at more than 50% but are being prudent. No point taking a risk in burning out the motor.

    Cashflow will no doubt be an issue, but I'm sure they'll be able to renegotiate terms with MacQuarie (for the hedging). TGZ were able to do this when they had short term cashflow problems.
 
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