Getting there. Experienced “in country”engineering and...

Getting there. Experienced “in country”engineering and procurement manager selected. Just looks like they are  waiting on finance approvals and FID in this quarter to finalise the appointment.

So major milestones still to come in this quarter with financing and FID and then the DFS update in Q1 CY 2019.

It sounds like we are going to see improvements on the already robust front end of the mine plan based on the current mineral resources.

“Optimisation of the mine schedule and plant design will incorporate the larger mill package and is on track to be completed by Q1 2019. A significant improvement in project economics versus the FS is expected by delivering more gold in the early years of the operation from an accelerated mine schedule with a relatively small change in the processing-plant capital requirements.”

More gold in the early years means debt should be paid back faster and an increased IRR. It’s important that the above milestones are met on time for the story to remain credible. Obviously the biggest milestone is financing and then ability to execute is all that stands in the way. Esh