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Jbay,

Well they first said that commercial production would commence in the summer of 2012, with rampup to 1500 tpd by the end of 2012. 

They then didn't provide any updates until they declared commercial production in the end of December, 2012.  Now, their most recent corp. presentation has them ramping up to 1500 tpd by the end of 2013.  So they were half a year behind on commercial production, and a year behind on being ramped up.

It seems as though Lenic fired the team that didn't get this done in a timely manner, so maybe he was getting bad information from them as far as how long those kinds of things should have taken.  I say they fumbled simply because they are way behind, which is why our SP is languishing.

By the end of this year, if Shafter is actually ramped up to 1500 tpd, I sure hope our share price (post consolidation) reflects this.  We should be seeing massive cash flows in the years to come. 

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