my guess and havent spoken to BJ for months is financing finished this month ball mill installed by late November (its a critical step as once installed ancillaries can be connected to it pin gearing and electric motor and hydraulic slave cylinders for ball mill impellers, feed conveyers and water supply. The other critical step is getting the sheet metal for the tanks rolled to form their curves so they can be fabricated, another poster "JED" on here indicated the sheet metal was allready on the island. It looks like most of the tank foundations are in place allready. Another critical step will be a voltage dropping transformer installed for the site so they can test the operation. Personally I am thinking once financing is in its got about 6 months before first pour, based on how quickly start up gold compaies in remote third world countries like Burkino Faso are currently achieving first pour. I doubt if they even need an electrowinning circuit to start with as there are other goldies not far from them who could toll treat EVGs ore. Thats just my opinion really depends on how competent the contractors and subies foremen are, I have worked in mills as a millwright (not gold mills)where start up has been twice as long as predicted with many problems on start up compared with other sites that were completed before deadline and performed above nameplate from the first day. To date everything about EVG has been abysmal, so we just have to continue haveing faith I guess, this should have been the simplest gold start up on the ASX as no decline needed and no box cut or portal, no infill drilling needed as reserves are quantified in a JORC, and in a stable industrialised island close to Florida.
EVG Price at posting:
7.3¢ Sentiment: None Disclosure: Held
