crucial period3 Mar 2015 10:37
With Buchans being our most advanced project the next rns from there should include a timetable for production or at least an indication of Minco's plan for the project. We have taken Woodstock as far as we can, the next stage of development, pfs and fs will cost 20m cd, hopefully this month we will hear details of a jv, but I wouldnt rule out a sale of the plymouth deposit either. The are three deposits in woodstock, plymouth, hartford north and hartford south. To date only plymouth has been explored to a pea stage. The current phase of drilling we are led to believe, is also in the plymouth deposit. It will be interesting to see what the long term steategy for woodstock as a whole and the three deposits individually. In an ideal world id like to see a sale of the plymouth deposit, leaving minco in a position to explore hartford north and south and the various deposits at buchans. How likely or practical this is, Im not so sure.