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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Post by manifest30on Nov 24, 2011 8:28am
296 Views
Post# 19263623

Operator update nov 24th

Operator update nov 24th

Well i can say im happy cos released the coker info much quicker than they did the 4th Q production cut as a result of 9-4 hydrogen plant being down until the new year.

 I was updated on the coker status, and it could be down for anywhere from 4-7 days depending on if they can keep that thing running.

at least we didn't cut our guidance.. but we could still come up short on the 105-107 million they say they can produce by years end.. at least right now all the hydrotreaters are working fine. we're making enough oil to ship 200k down the pipeline at least.

i'm not sure what to think of the NR from yesterday regarding delaying syncrude expansion until 2020.. that would suck growth wise but if the dividend is stable i'm kinda ok with that IFF we can indeed get 400k a day out of this thing consistantly.

everything is smooth from the hydrotreater side.. environmenttal has a sulphur plant down but it doesn't matter as we don't need it at these rates.. i'm sure that can come back quickly if we needed it.. but we don't.

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