jorc delays / recent appointment

To those interested.....

I asked management about the delays and rec'd a response from Mark Major as follows:

Thank you for your email.

As you noted, the maiden resource statement for Moiyabana which was scheduled to be ready for release late March has been delayed due to the continued delays with the coal laboratories. These delays are outside our controls.
We have around 6,000 meters of core (over 58 holes) drilled at Moiyabana from June to December 2011, so you can understand we have a considerable number of samples to be assayed.
The Morupule South resource upgrade is also awaiting the delivery of the results from the laboratory.
We are not able to put a date on the completion of either resource estimate until we have all the data at hand.
We are doing everything we can to expedite the situation but it is out of our controls for now.
If you have any further question please feel free to call our office.

So I guess it's more patience required :-)

Re the recent appointment, I think this is a positive step forward by HDG for the project and bodes well for the next phase/s.

Cheers,
Snagger