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Preliminary Scale

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Preliminary Scale
The yield and price of a bond quoted by the issuer before it is issued and before any bids have been submitted. The preliminary scale may change as this process unfolds.
preliminary scale
The initial yields and prices for an upcoming bond issue prior to submission of a bid.
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Sterling's Sunshine Mine Manager Mike McLean stated: "We anticipate that on completion of this three-stage program and following commissioning of the Silver Summit Shaft hoist, Sterling will be in position to initiate production on a preliminary scale likely by late 2007 or early 2008.
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