„ Excelsior estimates that the current supply of acid stored on site would last for several months“
This is what the company told us in the news release of 12th of august.
Dont understand why they dont start rampup or dont they believe to receive first new acid delivery in ghe next several month? Then why do they keep telling us about first copper at the end of this year?
If there is no copper at the end of this year, management have to explain themselves.
And if there are other major problems they habe to inform investor in a timely manner.
Nevertheless it seems management have just one possibility to get out of this mess. They need to start pumping in the next 2 weeks, otherwise they dont get first copper this year. This is just my opinion and management doesnt offer much information so its purely speculation on my side. But if they dont start pumping in the next 2-4 weeks i guess we are lucky with the current sp, nevertheless where copper price is. And nevertheless if this is a longterm hold, a lot of investors are here multiple years and want to see some dollars.
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