LOL,crusaders I dont think those PCP pumps are an off the shelf item,personally I thought the 2-3 weeks timeline was a bit ambitous.
If GP can get this up and running together with the new drilling that he outlined for Decemberish,with the accompaning oil output,I think things are on the up for CIG.
Though I'm on the record as been against an oiler also been involved in a gold play,it looks like pru,who we and our circa $17 million propped up, are about to push the go button on Tengrela,so at least we'll get something from that(0.5 NSR). Lets not also forget we'll probably at some stage in the not to distant future also have a 7 percent net smelter royalty from Mansounia.( I wonder if we will sell this to pru and get the cash),thats certainly my view,that we should anyway.
Raider
CIG Price at posting:
8.0¢ Sentiment: None Disclosure: Held
