RE: RE: RE: support not broken...FIU has tow gold operations
Ezuwini underground mine gold uranium.
MWS tailings operation uranium gold.
The very valuable property situated around the Ezuwini mine which they hold the exploration permit to.
The parent company Simmers and Jack have recently bought 3 mining projects from Anglo Gold..
No where in my DD can i find how they process their uranium from Buffelsfontein and most mines do have uranium mixed in with the gold so FIU must be going to process the uranium for Simmers.
Now withj the parent company ramping up to 4 mines going and rand uranium spinoff of harmony also is uranium rich has no uranium mills and will not be biulding one any time soon as they are having trouble with the funding and complains to from the area farmers and residents.
Fiu turning point will be in may when the tailings pond complete, pipeline is complete, and G:W completes their approval of the operation.
the ramp up to full production.
Everyone is ruling out fiu expansion other mne properties etc they are not building all of this operation for these projects.
Simmers seems to be agessively expanding.
Remember FIU was due to have all this stuff done and be producing at max capcity in 2009.
They are behind and over budget the markets are punishing them for this .