Stock back to CA$.10 ask Getting a gas line hooked up, while it was an important step, it is not cause for celebration. What investors need to know is, can module 1 process 2.5 tonne/day at >92% recovery?
My main concern right now is that the gas line was being used as an excuse. How small was the old gas line that it could not support 1 module? That is only 1/4 of the expected final factory size with 4 modules. I am also worried about the apparent lack of planning. The need for a boiler seemed to be unexpected, and then the need for a larger gas line to support the boiler also seemed to catch them by surprise.
Maybe I am being paranoid. I am just getting impatient because I want proof that this process actually works in high volume production. In an interview in April, they said that module 1 was already being tested and would be running full production in 90 days. That would have been July. Now we are in September, and full production is still how many months away? What is the next problem that will cause the next delay?
Like I said, I might be paranoid, but we have seen too many excuses and delays.