No proof of their claims-no way could they possibly have provided 5 mill-all the equip extant then could not have cost more than 2.5 mill new and we know most of it was rented/leased-so no more than 1 mill equip
6 month delay my aunts foot
no production til Sept 2010--full pro Nov 5, custom separator didnt arrive until ca Dec 24-and could not be used operationally until Xmas vacation was over Jan 7 2011
trucking began within 5 days of separators 1st operational use-cant get any faster than that
shipping company switched ships on them causing ca 1 month delay-and then ship co reopened negotiations due to short spike in oil prices to 120/ton resulting from Libya war-
if Geo was ship facilitator for this 1st ship then Geo was responsible for those delays
at any rate timing for ship couldnt begin til custom separator arrived Dec 24 and was operational Jan 7 2011-it was over 1 month late due to the manufacturers sub suppliers parts problems etc-
CWRN didnt sue the manufacturer -these delays are part of the real world and to be expected -thus grown ups dont sue over them
and ship arrived ca Mar 24-despite ship co delays this was only
ca 2 months and 12 days after trucking began-and trucking could not begin any earlier because of manufacturers delays CWRN wasnt responsible for
so CWRN wasnt responsible for any delay to my knowledge
there werent any chargeable delays -
this was the fastest mining startup I've ever seen,
CWRN was not responsible for manufacturers delays or shipping co switching ships or ship co re-opening ship contract because of Libya war
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
AI
