Why we are drifting4 Apr 2019 11:57
Originally Commissioning was to start Aug 18 and production set for Early Dec18 as confirmed by Mike Donahue who commented this on 5/9/18
"It is very pleasing to have achieved another major project milestone during the quarter, with the on-target commencement of commissioning of the crush and screen plant and the water treatment plant, taking the Project into its mine commissioning phase. This major advancement accompanied progress on the construction of the process plant where most of the major equipment has been installed and structural works are well advanced.
"The commissioning of the process plant is now due to commence in early December, slightly later than originally planned, with first tungsten expected to be produced from early February 2019, to commence a new secure supply to the global markets."
However he then said in late September 18
"The focus over the coming period will be on the completion of construction and commissioning of the plant, in tandem with work surrounding updates to the mining schedule and operational budgets for the initial year of mining ahead of the Project entering its production phase in the first quarter of 2019.
He followed that by then saying in Dec 18
"I would like to praise the hard work and professionalism of the site team and contractors as they continue to progress the Project through this busy commissioning period. The Project schedule remains in line with previous guidance, with the production of first tungsten concentrates targeted for early February
His last update on the 26/2/19 he said “Activities at Barruecopardo have been advancing well, with mining of ore for the process plant commencing in early January, and plant dry and wet commissioning mostly complete, with ore now being introduced to the process plant.
"These are significant milestones for the Project, and we look forward to seeing ore commissioning progress during the weeks ahead and the successful transition into the Project's production phase."
It’s now 4/4/19 and still nothing ? it’s no wonder really is it as to why the share price is drifting but until something does come out I can’t see it changing tbh fellas
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