TSXV:CAV.H - Post by User
Post by
2investorknoton Aug 28, 2015 1:08am
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Post# 24058359
See the new filing
See the new filing
People need to read the new MD & A filed. For those of you who were looking for something significant to happen in August, think again...looks like Setember or October.
Here are some highlights:
In re: to Cinto
A follow-up meeting is being planned in September with the newly-elected President shortly after taking office and replacing the incumbent.
…The Company is awaiting the results of further testing and expects to announce the findings from its testing some time in September 2015
In general—
Surface mining is not presently required since stockpiles are adequate to feed the plant for at least the next 12 months. These stockpiles have been substantially sourced from open pit mining and grades are lower than had been projected. Progress is being made with underground mining employing new techniques and equipment.
However, significant challenges remain to be overcome with the underground mining, which remains the anticipated source for higher grade ore.
Baja management is planning to visit the Boleo Project in mid-September 2015 to meet with MMB management and representatives of KORES to obtain an update on the status of the production ramp-up, including processing performance, copper production forecasts and expected commencement of the cobalt and zinc production circuit, and developments with the underground mining