in a recent interview the MD said they were already a month or two behind in starting up the project but hoped to make up time, but then said maybe a month or two slippage.
Also, he said they expected a cost overrun of 9 mil, but they are supposedly "on budget". Dont expect precise delivery here!
Remember they still need to raise an additional 30 mil or so after the options of 43 mil, so plenty more things can go wrong in the meantime.
he also wants to look for more reserves as a priority [ more money cost ] in case the sea wall runs into problems [ plan B option ]. No big worries here, just the usual in the mining business.
- Forums
- ASX - By Stock
- will it do anything before august
AZR
aztec resources limited