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Re: Techamental Logic post# 2561

Tuesday, 04/08/2014 6:53:24 PM

Tuesday, April 08, 2014 6:53:24 PM

Post# of 63744
I'm pretty sure it's this week. I listened to the CC and the last question John Clarke responded that he would follow up with an answer next week when they discuss the Q1 2014 numbers, I may be wrong but that's what I got out of it.

Also just a question for the guys on the board, one thing that peaked my interest was when John Clarke speceified Twangiza to bring the plant up to a design capacity of 1.7 million tonnes per year. I may be really off here but I am sure he mentioned that basically they were confident they didn't need to run the plant to full capacity to acheive the gold they are predicting for 2014........with that said, later on in the CC someone came back and basically asked the question so what capacity are you running the plant and John responsed 1.7MM.

Now coming from a person who doesn't know too much about mining etc....in combination with (im assumuming) their nonchalant attitude of having no real worries about paying their debt. Does this mean we may have a surpirse in terms of production.

I am a biased listener but from what I was listening to even with the weather issues they may have been conservative on gold production and I'm hoping for a surprise when the Q1 2014 numbers come out.

Tech, Braised, Spenca, investorwisdon can you let me know if you heard that comment about the "1.7mm tones per year" and how they don't need to run full capacity to acheive their 2014 goals at Twangiza!

Thanks in advance!
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