TSXV:CAV.H - Post by User
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2investorknoton Apr 25, 2016 11:19am
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Post# 24806234
a few excerpts from the MD&A
a few excerpts from the MD&A - During the quarter, Baja management presented its preliminary concepts for the development of the Cinto tailings to MMB and KORES. In early April 2016, the executive management of the Company, together with a representative of SNC-Lavalin, met with senior executives of KORES in Seoul to discuss further development concepts
- In early April 2016, the Company was advised by MMB that the cobalt-zince circuits have been commissioned and the plant is now producing zinc sulphate and cobalt metal. MMB management have declared that the commissioning phase of the processing plant operations has now been completed with the phase of the processing plant operations has now been completed with the operation of the plant now stabilized and achieving planned production targets
- The Company and KORES met again to discuss the Shareholders' Agreement in Santa Rosalia in December 2015 and in Seoul in early April 2016, and have agreed to work toward finalizing the Shareholders’ Agreement and related matters at a next meeting in Vancouver in mid-May.