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shiznit013

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shiznit013

Re: captainpooby post# 58045

Wednesday, 03/10/2010 2:47:00 AM

Wednesday, March 10, 2010 2:47:00 AM

Post# of 83044
Long story short. It looks like RBS Sempra violated our contract with them, and we lost our buyer. Our concentrate may not have been as high quality as we had hoped, so they took the mill down during the bad weather to make adjustments/additions (after hiring a new mill engineer). We have a new interim buyer, and they are supposed to be giving us a line of credit, which is presumably being used to get the mill back online. There are a lot of assumptions, because the company has not been very forthcoming with information.
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