That is very important. it signifies the more money that is raised in Production, the less finances will be required to be raised.
Production Revenues should show clear stock price increases.
It is frustrating we never seem to hear updates on Production and although the current dredging is just removing over burden it would be nice to get some indication of gold production at the Sewa River dredge site.
I am away next week with the exception of Mon and Fri so its not a biggie for me if we get another week of silence.
On the other hand production updates or preliminary test results on the Sewa would make me happy next week even if I am not around to see the impact on share price.
Especially if it is good news.
I think anywhere from 1 t 6 grams per ton of gold at the sewa will bring significant returns.
I am hoping for at least 4 grams per ton as this area has been known to produce gold.
Alluvial processing should pick up any time now and the portable units are certainly getting closer.
Sept has not been as active as I had hoped but it is not over yet and Oct should put us well on the way to differant levels of Production.
Stock price is sucking now but it is a very appealing price to average down.
Production is only just beginning to ramp up once again and prior to the rainy season all we had was alluvial production.
We are currently on the verge of Dredging Production with alluvial Processing still in the wings.
Our Portable processing equipment is going to be adding an entirely new dimension also upon its arrival.
Our stock price sucks but organizationally and corporately we have never looked better.