GREY:NEVDQ - Post by User
Post by
bogfiton Mar 22, 2023 9:57am
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Post# 35353347
Update on Restart of Operations
Update on Restart of Operations Post by
bogfiton Nov 03, 2022 9:08am 
140 Views
Post# 35069197
Update on Restart of Operations
“Capital Projects Proceeding – The Company has signed a letter of intent (“LOI”) with an engineering firm to bring critical capital projects to completion, including the coarse ore bin, permanent dewatering system, vent shaft rehabilitation and surface fans. The scope of the LOI includes delivery of construction execution plans within the next 30 days. These execution plans would identify any procurement or fabrication of materials and equipment to complete the construction activities, labor requirements, and necessary activities ancillary to these capital projects.”
THEN - So they DON’T presently have a plan to compete the coarse ore bin, permanent dewatering system, vent shaft rehabilitation and surface fans, or the procurement or fabrication of materials and equipment to complete the construction activities, labor requirements, and necessary activities ancillary to these capital projects.”
NOW - Do they have the capital to complete restart?
b.