CDG 0.00% 7.0¢ cleveland mining company limited

YAWN, page-3

  1. 6,072 Posts.
    Patience RaGi, I know it's a big ask but this company was in a bit of trouble before the cap raise. It now has the cash to install the new ball mill which means 3 times more throughput. It's a massive piece of machinery. It takes time to build the foundations for it, transport it, get it working and get it commissioned. I reckon another 3-4 weeks before we hear if it's operating at whatever tph. So I am not expecting any fabulous ounces/kgs of gold to be poured this current quarter. Let's just hope its more than the measly 31 kgs of gold they poured last quarter. Then onwards and upwards with new ball mill and mining of Lavra.
    Lavra is the game changer in my opinion.
    Have a great weekend fellow CDGer's!
    Last edited by Valin: 11/03/16
 
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