Further, while the Company remains on schedule and on budget with regards to the restart of gold production, the Company and CRH also agreed to extend the deadline for the delivery by the Company of 3,000 ounces of refined gold produced from Irumafimpa to CRH required under the Gold Prepayment Agreement dated February 4, 2016 from December 31, 2016 to March 31, 2017. This will give the Company further flexibility as it evaluates the results of studies related to production at Kora and the doubling of mill capacity to 400,000 tpa (see K92 News Releases July 7th and August 17th for details).
Does this mean a delay in production start or only delay in payment? ....further evaluation related to production...
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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