Volt Resources - Positioning for the next phase
Volt’s quarterly report provides few surprises, with all critical path work programmes and project financing requirements still in a state of progress. Unfortunately, delays getting core samples out of Tanzania has caused Volt’s management to push out deadlines for the estimation of resources and reserves, the calculation of production schedules and also revenue projections. With the much-awaited Stage 1 Bunyu feasibility study (FS) due by the end of June, as well as financing and project approvals, the next few months will be critical for the company to demonstrate its abilities to get Bunyu firmly into the next stage of its development.Volt Resources is engaged in the coal exploration in Mozambique.
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