Agree that some sorting out will be needed, but anyone experienced with mining startups would be aware that even new plants usually have a problem or two and its rare for one to come in on time. Those that havent already factored in a delay should do so, if a miracle happens and it comes in on time (would probably be the first one to do so) then thats a bonus.
Not concerned about ore. Management have been very quiet about patch 47 ( or whatever it is). First I heard of it was many months ago, and I think mention was made that prospectors had been working it and getting results like at Purdys.
From ARV's scant information it appears that this Patch is similar to Loudens patch, only richer. Not actual conglomerate but a patch of dirt where nuggets shed from decomposed conglomerate washed to, and concentrated due to the topography. The original conglomerate might be like near Loudens and low grade compared to Purdys/Comet but the patch still rich because of the gold got trapped and the other lighter rock got washed away.
This stuff will likely be easier to process than hard rock conglomerate and more suited to
Plant startup. Although limited in extent, there is probably enough of this stuff to process tens of thousands of tonnes and report good grades.
I would expect management to continue to not give too much info away, my view being that if they dont give too much info, then the mum and dad investors will think the hard rock conglomerate nearby is just as rich or richer, helped by a few optomistic tweets. The SP could rocket.
Why has management been so quiet on Patch 47? They have ramped up everything else big time, but not this. Something afoot!
This could be the exit point for those with connections to management if the SP rockets, and DL might even move on, leaving ARV in a "strong position", which a few months later might look a little different.
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