Todays announcement should IMO be read that we are well underway & it appears to me that in the very near future we will see the announcement of the mining timeline to production.
Placement of orders for the necessary equipment .
Mining contractor .
I am particularly buoyed by the announcement of the way of mining which is about to be undertaken.
Profitability will be greatly increased along with the time savings, increased grade of ore being processed resulting greater ounces recovered.
We will have the benifit of the mining company's experience of their operation at their Mali operation which if given the contract of mining contractor should strongly benifit BSR .
Another factor in our favour is the current price of oil & gold. Both very good pluses.
From the announcement today's it appears IMO that almost all the pre developement has taken place or at the very least well in hand.
IMO no doubt the recent slump in the SP triggered the announcement .
IMO management is to be commended for the information it has today made available to the market in a effort to keep shareholders confident in their investment & the company.
I am sure everyone appreciated the news.
It has been a long journey for all of us.
IMO we are well placed for a early start to mining in 2019.
Cheers & Merry Christmas to all , including management ,employees & staff.
Special thanks to those employees in Senegal, Merry Christmas
May 2019 be "a ripper" of a year.
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