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Re: Sircooper post# 11325

Wednesday, 08/08/2018 3:48:08 PM

Wednesday, August 08, 2018 3:48:08 PM

Post# of 11963
I think you missed my point. I have my fingers crossed and really hope this is the year we have ground breaking. Have a lot riding on it. Why did I say I hope this is the year? Because I have seen a news release almost every year since BMSPF came into existence that they were "doing groundbreaking in the summer". Now dont get me wrong. I am not bashing. Just discussing something that has concerned me for a very long time. Here are a few examples....if you want more, you can easily find them on sedar.com. Best to all. WW

2013 - The first phase will have three production lines, the first taking about 14 months to build and the second and third completed within 18 months from groundbreaking.(summer 2013) The three lines will produce about 1 million tons of pellets per year.

The Company projects that long term off-take agreements for the sale of all of Phase One production will be in place prior to construction ground breaking planned for summer 2014.

A ceremonial groundbreaking is expected to occur in October of this year with actual groundbreaking in
mid-January 2015 according to Carroll.