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To: Pete who wrote (5063)7/4/2003 1:19:27 PM
From: loantech  Respond to of 5423
 
Actually I think Claude has said they intend to fast track AQI to production in 2004. We shall see. Maybe there is a mill nearby???



To: Pete who wrote (5063)7/4/2003 2:24:33 PM
From: loantech  Respond to of 5423
 
Message 19085547
<That is what I understand as well. AQI intends to bring Calcatreu into production in 2004 at a rate of 40,000 ounces per year. They expect very low CAPEX and very high IRR. This will provide cash flows to explore the rest of the property therefore limiting dilution.
That is the plan. I think it can work>
Thanks claude.


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