GREY:NEVDQ - Post by User
Post by
my69zon Oct 10, 2021 3:41pm
282 Views
Post# 33993731
Sept 21st:
Sept 21st:Sept 21st:
"The surface ventilation fans for the Underground Mine remain on schedule for commissioning in Q4 2021. The Company will provide further updates on operating performance metrics in due course"
October 6, 2021:
"The addition of Mr. Buffington further strengthens the Company’s senior management team and provides deeply experienced, long-term leadership as the Company moves to complete the ramp-up of the Underground Mine and....."
1. Fans are a go
2. Funding will be extended
1,2 punch --- UG completion.
Don't forget, the debt increase was when it was simply classified to KFW. KFW will agree to the 2023 extention, allowing it to be re-classed as Long Term. It's based on the internal test & Nevada is already speaking positive @ Oct. 1st.
New CEO announced days later.
He's not going to come into a headache of failure on fans/KFW.
More stopes being mined right now, with Sugar commensing.
Looking forward to also eventually becoming a regional processor.
Glta!