OTCPK:CRZNF - Post by User
Post by
bilarooon Nov 10, 2016 10:20pm
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Post# 25447919
Optimistic vs. Realistic
Optimistic vs. RealisticI won't dispute your timeline. You could well be right. But I will take an Optimistic approach.
My take is 4 seasons still equals 3 years. Read it over.
Year one January 1- April 15 2018, is buliding the winter road, constructing the mine.
So, assuming financing, they bring in plant and equipment, and demolish and transport out the obsolete camp, they can build the mine in year 1, as they have stated.
They have stated, that they could be in production, 18-24 months from the date of financing.
So, given all of the above, it's at least possible they could be producing concentrate by October 2019- January 2020. No earlier.
Didn't see anything about a new mill but a second ball mill or bigger new mill would definitely expand their productive capacity and enhance the economics. If you have more info on this, please share.
I'm delighted with the US election. KeyStone XL is looking good. Party on dudes.
I'm sad about Leonard Cohen, but he had a good run.
Hineni!
BD