I am thinking what they have been doing is stockpiling the ore whilst working on the revised haul route and when complete will be a situation of just loading the trucks and delivering the ore. I wouldn't be surprised if we get 2 batches processed in Jan IMO. Looking at the 80% V 90% ownership issue the main thing to think about is we increased our share from 50%, so if it is 80% or 90% is irrelevant as it is still a huge jump from the 50% we did have. Nov production due this week and will be interesting to see the revised haul road completed and a substantial increase in ore extraction compared to Oct.
I will keep this stock as a buy until proven that the revised haul road and production rates are not inline with projections by March. $17Mil market Cap makes this a worthy play IMO.
CZL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held