InvestorsHub Logo
Followers 0
Posts 16
Boards Moderated 0
Alias Born 09/12/2014

Re: EconomicPuzzles post# 40

Thursday, 11/06/2014 7:43:52 AM

Thursday, November 06, 2014 7:43:52 AM

Post# of 57

3 and 4 . Weather related = Mudslide = slippery when wet . Technical difficulties = wasn't easy getting the plant up that slope , took time and an increase in costs .

"The task of moving the plant from sea level up 200 feet through three switchbacks was a difficult move "

"Victor Bryant comments…"At this juncture I would like to apologize on behalf of myself, the management, contractors and employees for the delay in the SPN production timetable. Extreme weather conditions directly impacted our proposed plans, both in the removal of the overburden and the installation of key equipment."