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.
FEATURED NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM