RE: RE:water level7 Feb 2017 23:11
The water level issue is a pain in the butt and to top it off, its the local government who are in charge of pumping the mine and not the company.. The plan was for the local government to pump water and desalinate it, returning clean water to local population, something they could sell on (always want money for something!) the company seems to be in a situation where they want the water pumped, but are unable to do it.... Once the government pulls their finger out it will rise, and in that region they have been having bad droughts over the past couple of years... Pressure will be on the govenement to deliver water.... Any possitive movement on this front will send the shares up... The mill is to bide time and wait for the real op of the mine to become mineable again. I do expect once they get that sorting machine up and running we can expect better grades and SP results... But this isn't around the corner, this is March... Anytime this drops, I'm just buying a little, just waiting for "real" news to appear