Happy Days in july
There are 2 quarters before then.
Full ramp up not expected until then.
Plenty more to be spent.
Sandvik technicians not on site until March.
Dec. quarter sulphide production shows it is still on a downtrend.
Despite all the hype in Sept quarterly.
The question is what is going to happen before July.
When does the cash bleed stop and cash start coming in.
Reasons why I wouldnt buy are
The chance of a CR or a lot more debt.
Or now Ravenswood could be flogged off.
All of which will put pressure on the SP
Bibiani is very similar to PRUs Sissingue
Except Sissingue is already producing.
Bibiani should be easy to bring into production
and shouldnt cost much more than $120 million.
Should be easy money
Cheers l
Happy Days in july There are 2 quarters before then. Full ramp...
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