RE: RE: We could use Good Grades = String of PearlEver watch the DOT convert a two lane HWY to a four lane? Well traffic has to stop in both directions in the short term. In the engineering business it is called contingency re-routing. They processed LG which was much better than NG. This transition will see the U/G produce up to 1,200 tpd while reducing the OP contribution. In addition, services (air & water, electrics, and discharge lines had to be resized & re-installed).
Stanley:
You seem to defend shortcomings quite a bit, I've been in engineering nearly 30 years and worked on projects from the artic circle to the rain forests in brazil and I never heard the term "contingency re-routing", (contingency is a term for if things go wrong whats the back-up) the new ramp replaced the old ramp, services were installed in the new ramp as well in the new 4.5m dia fresh air raise, so the services were in thru the raise before the ramp was finished, the problem with this whole thing was a super aggressive schedule which APG had convinced BRD could be accomplished, the pit had to effectively stop while the new decline was being established. The original decline and FAR was in the middle of the phase 2 pit strip.
I don't see the grade control issue vanishing as now they have to "learn" how to follow the ore u/g which you should know from your experience is a bit more challenging than pit grade control given the history of the carb zone. Once they get into the flow ore it will be much easier to follow.
So in short, failure of BRD to scrutinize the APG plan at time of "purchase" is the root cause for this failure to launch so far. Will things improve, of course they will, RA is too smart a guy to let this turn into a dog, hopefully by the 3rd quarter we will see a consistent gold stream. Don't buy into this stock if you expect overnight turnarounds.
DYODD