National Grid ADR repsg 5 Ord Shs V.NGG

Primary Symbol: NGG Alternate Symbol(s): NGGTF

Utilities Utilities - Diversified

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.

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National Grid ADR repsg 5 Ord Shs

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Post by MontyHighon Dec 08, 2008 11:39am

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Post# 15633382

Email From Bob McNeil (NGG CEO)

Here's an email I got from Bob McNeil as part of a thread about them needing to get Sinivit working. My interpretation is that you might not see any production announcements until early February.

MontyHigh

Dear XXXX,

Yes, 1500 on average should be sustainable, but it will vary. Novemberwas over 2100ozs. With the capital upgrades 2500 ozs or more should besustainable (by second quarter 2009). December pour will be lower as we willnot pour between Dec 15 and Jan 4 as the refinery we sell the gold to in Port Moresby shuts downand for security reasons we do not keep gold on site. Gold will still beleached throughout this period and poured in January

Regards Bob

Bullboard Posts

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