InvestorsHub Logo
icon url

german_investor

05/27/14 7:30 PM

#25339 RE: gjw46 #25338

I wished i can say something other, but there is nothing more to report about Palmilla.......

Fifer has sold Palmilla also....
icon url

VBgood

05/27/14 8:01 PM

#25340 RE: gjw46 #25338

Never the less it is a Plan:
"...Petaquilla plans to ramp up gold production through plant and leaching operations at its Molejon gold mine to 4,000 ounces per month with an expected cash cost of $850 per gold ounce and to be cash flow positive in the second quarter of fiscal year 2015...

...to reduce general and administrative costs and to align general compensation with the company's new goals will be implemented immediately, with further cost-cutting measures to be introduced at the beginning of the new fiscal year.

The company is targeting production in both Spain and Portugal in the early part of next year and increasing and sustaining growth thereafter.
Now I want “our Man “ on BOD just to start the process…
It is what it is... everyone can make a choice now.