SOME SORT OF CONSOLATION ON ACC ... THOUGHT IT WENT BUST . ( D.. CLUELESS FINDING OUT ! )
In hindsight this did have a negative P/E which is a warning of risk of bankruptcy.
They posted @ 11.05 and 11.08 .. ( easier to post on other site and let it copy better layout for typing )
If i had thought to look at London south east on Tuesday 10th two posters posted that people they knew had been sent home on collapse news . That was 20 mins before suspension ( which was 10 mins before news ) if you could of trusted that ? surprised only £400 traded in that period on the history i could see .
That should be yesterday 10 October , the edited on ii do not copy on this site
It will be at least March before they start turning a profit as they are still effectively commisioning at the moment and arent yet at steady state production, once they hit full production they should be making a small profit.
And that aside they have started drilling and blasting, if you look on todays shot of the processing plant at 17:30, on the top bench there is a blasthole rig.
A delay in the drilling process? This isn't an oil well! The drilliers may well have been delayed from starting as there is no need for them yet. The ground at Hemerdon starts off very soft - They had built up a large stockpile of ore during just the initial earthworks. You don't need to start drilling and blasting until you hit hard ground, if they haven't hit it and are still stockpiling ore, thats a potentially positive thing not negative.
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