OTCQX:SREMF - Post by User
Post by
M1DASon Mar 04, 2013 9:32pm
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Post# 21077329
3 weeks B4 financing closes @ 25 march
3 weeks B4 financing closes @ 25 march At the project site near Val d'Or, Que., the commissioning of the open pit mine and spodumene concentration circuits continues to build from the early stages of first concentrate production in late December, 2012. Commissioning of the hydrometallurgical circuit is continuing, with the majority of installations and systems testing now complete. Installation of the brick liner for the kiln has been completed, and preheating of the kiln is scheduled for completion by mid-March. First lithium carbonate production is scheduled for the end of March. Shipments to Chinese customers are anticipated to commence in April, as per off-take agreements. Capital cost estimates remain unchanged from earlier guidance