6 dredges now in operation, IMO !!!!
If you go back to the 7-26 FR, paragraph 2 states 4 of our own dredges 3 50tph and 1 100tph.
Now the 3rd paragraph goes on to say, we are planning to build another 100tph dredge sometime in Dec., with a completion date 60 days later. This would be mid Feb.
This is from July, way before any JV dredge was mentioned.
Per the Jan FR: both the JV operater and dredge arriving in 7 days. Bringing us to 5 dredges.
The last bit of info comes from the last FR. Under the mining section, SGC currently has 4 dregdes in operation, with a 5th on the way, by mid feb. To me this confirms our 5th did get built as planned and it should be a 100tph according to plans.
The next paragraph goes on to state the JV partner did come on time, end of Jan. and was operating already by Feb. 1st.
That makes 6 total anyway you read it, as long as it really was finished by mid Feb. Thats the only thing up in the air.
To recap: 7-26 4 dregdes of our own, build our own 5th.
Jan. 1st mention of JV partner AND dredge.
Feb. JV arrived and in operation. 6th dredge mentioned seperatly as being ready mid feb.
SO WE SHOULD BE RUNNING 6 RIGHT NOW, not 4 or 5 !!!!!!!
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