Post by
my69z on Oct 10, 2021 3:41pm
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!
Comment by
patchh on Oct 10, 2021 4:44pm
becoming a regional processor switching gears / thoughts ! kennicot is sceduled to B mined out going into 2030... thats a Rio Operation.. Take Phoneix Mine down the street - add NCI a couple handshakes w Franco Nevada; add some rail coming out of ann mason/yet ! i could see where Kinicot makes some room for the ore shipped east from nevada...
Comment by
Notgnu on Oct 10, 2021 4:53pm
Yippers Skipper. I been thinking that mee-self matey. There will be a lot to process and kinda makes some sense to use existing available capacity. N
Comment by
Notgnu on Oct 10, 2021 6:37pm
Oh... and as an aside. Get those fat assed, carbohydrate addicted, metabolically unhealthy soldiers of yours off of carbs and eating meat and fat instead. Most of'm cannot run one block without huffing and puffing. The Chinese will have very little problem raising a 50,000,000 man army and most off'm can run circles around pillowy North Americans. N