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Posted On: 05/01/2019 6:01:42 PM
Post# of 2062
I'd give it till late June. Sounds like still loading ore then it has to be leveled and the piping installed and tested for leaks before leach begins. Then leach has to saturate the pad and I think four weeks from that point -when the leachate is flowing into the pond .Add to that that nothing happens on sked on a start up or restart.
I don't expect there'll be any revenue this quarter -- even after the leach there is recovery and collecting the precipitate and several steps before pouring dore and then smelting to gold before anybody sees actual payment.
Will be good we're moving thru the milestones but I don't think we'll get numbers or revenue till July - just being realistic. The first pour will be more or less a test pour with adjustments being made with each pour for some time before we reach optimal recovery.
No news that's going to move share price upward for some time so these sub-penny prices might be with us a while especially if they continue to sell Restricted PP shares.
I don't expect there'll be any revenue this quarter -- even after the leach there is recovery and collecting the precipitate and several steps before pouring dore and then smelting to gold before anybody sees actual payment.
Will be good we're moving thru the milestones but I don't think we'll get numbers or revenue till July - just being realistic. The first pour will be more or less a test pour with adjustments being made with each pour for some time before we reach optimal recovery.
No news that's going to move share price upward for some time so these sub-penny prices might be with us a while especially if they continue to sell Restricted PP shares.
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