SOUTHERNERA (t.SUF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SOUTHERNERA (t.SUF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sans Souci who started this subject	8/12/2000 2:06:19 PM
From: teevee	of 7235

I noticed in the latest NR that Messina is expected to be in production early 2003. This seems to be a long time, considering that the shaft only need be sunk another 50 meters and the head frame and hoisting equipment has been refurbished. New and used milling equipment shouldn't take that long to procur and install once test mining and milling has been completed in the 4th quarter? Perhaps SUF is being cautious on the timing? Nice to see that consideration is being given to doubling production by developing the adjacent reserves, after Messina is up and running smoothly. A growth profile is important these days. Maybe the market will someday value this as highly per share as Stillwater? regards, teevee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next