GREY:DRGDF - Post by User
Post by
Sharpie009on Dec 09, 2008 1:09pm
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Post# 15635237
Milestones
MilestonesIt would be interesting to see where the company is in terms of meeting some of the key milestone dates in particular the ordering of the SAG and ball mills as well as the mining fleet. There is definitely an absence of news in that regard. Given a 150 week delivery lag time you would think management would have that nailed down by now. What impact does the current credit crunch have on this if any at all? If management is looking for a bigger company to take it to the next stage is that a factor or not?
Either way I don't anticipate any takeover bid until at least when the feasibility study comes out at the end of March. Without any firm numbers on both capex and opex no company will make a move.