ARV artemis resources limited

6 March 2018 Plant refurbishment and upgrades of the Radio Hill...

  1. 157 Posts.
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    6 March 2018

    Plant refurbishment and upgrades of the Radio Hill processing plant, located 25 km south of Karratha, are progressing as planned and are on schedule to be operational by the end of June 2018.

    20 April 2018

    Hoping for August but most likely end of year.


    Well, delays are to be expected. End of June was very optimistic. Ed said Aug to make the delays seem reasonable but then mentioned end of year which also might be optimistic. It will be end of year at the earliest and then a few months of working out the kinks. No cash flow for another 10 months. Those Novo shares will come in handy to keep things afloat.

    Sure hope the mobile plant can process the patch 47 bulk samples to keep positive news flowing. If patch 47 bulk samples are duds, it's going to be a tough rest of the year.
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