http://blackmountainresources.com.au/news/proactive-investors-interview-with-pete-landau.aspx
Development is underway at both Conjecture and New Departure, ideally placing us to commence low cost high grade silver production from both in Q1 | Q2 2013. "Both the Conjecture and New Departure projects include previously producing mines with significant high grade mineralisation. Combined, we believe these projects have the potential to produce up to 500 tonnes per day at low cash costs. This potential to generate cash from low cost production startups, provides the Company with an exceptional opportunity to self-fund the delineation of resources outside the historical workings at both assets. This is rare amongst mining juniors and I believe sets us apart from our peers. We are therefore confident we will add value to our proposition as we advance Black Mountain to become a low cost, high grade producer of silver early next year.”
http://bmz.live.irmau.com/IRM/Company/ShowPage.aspx/PDFs/1037-33393956/AGMPresentation
The Company has also revised its projected production levels to between 300-400 tonnes per day (previously 150 tonnes per day) with development to be undertaken on three different headings.
http://www.investegate.co.uk/Article.aspx?id=20121101070000P8B60
yes the delay was already known, but how many times has a mine ever opened on time? A delay often occurs. I am watching from the sidelines until nearer production time, I may miss this low SP but I will know we are ready to produce.
more good news! I am still not in but gettting itchy finger by the day!
did you know about the delay?
sorry bog never saw your last post
the 12m cap should soon have 2 us silver mines in production with low operating costs which should lead to a re rating of the SP. New departure should be running q1 2013, paper work has delayed opening pre xmas. 2nd mine may take longer due to weather (above snow line), $100m work done by previous owner 'multi hundred million ounces resource' BUY
I share your views but also production this year is also a big draw. shares mag said, 'we also like near term producer black mountain. Drill results due imminently on one of its US projects which should help improve confidence in its resource base. there also massive blue sky potential.'
I have kept my eye on this after shares mag tipped it recently just don't want to jump in too soon, I saw what happened over on Kolar gold KGLD which floated last year and has 5x dropped on opening SP. am NOT suggesting that here but remain cautious. Don't want to miss the rise either lol. GL and thanks for the updates.
look up the words level 2
thanks to the daily mail exposure I guess. Not in but interested in where this goes.
Did you use Negoiated trade? If so yes but you learn NEVER to use that button again.
says This equity is ineligible for the selected account ummm
lol
buy £1k's worth for 11.50p
raise the ask create the market !!
gone through deffo buys