Brookmount Exploration Inc (BMXI)

[QTRADERQ]

Nice

They have many production sites. No permits were revoked and the covid restriction has eased in Indonesia and will commence operations as recently stated in a shareholder update. If anything, production will expand there.


“Overall, we are very satisfied with the Company’s performance for the period and particularly pleased that the operations at our Talawaan facility continued to maintain the strong profitability of the past 18 months from continued exploitation of the anomalous high-grade reef structure running across the northern perimeter of our property. This, above plan performance has enabled the Company to offset any possible impact of the suspension of the heap leaching operations at Alason resulting from Covid induced restrictions. In all likelihood, given the recent announcement of relaxation of Covid restrictions in Indonesia, operations at Alason will recommence in the 3rd quarter of 2022.”


https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Inc-Financial-Results-Commentary-and-Shareholder-Update?id=356562