Ann: CZL to move to 90% ownership of Plomosas Mine, page-15

Hi Jard,

My scorn is not limited to just this particular company, it just happens to be an easy target in my opinion. 

Even this production update on the 3/10 has issues. “Mined” means bought to surface and put in the ROM pile. Any muppet can blast rock. You have to get it out. 

This sounds bleedingly obvious but they’ve told they could only extract 235 tons and the other 900 are stuck as of 3/10 due to some issue. That’s not mining 100 tons. It’s really jumping the gun to say you e mined it. Now I hope for your sake they have mined it and have continued at 100 tpd because you will do very nicely.  But let’s have a little bet...

If they either fail to provide a production update by next Friday or do so and lo and behold they haven’t 

mined anywhere near 100 tpd I win. If I’m wrong I won’t “downramp” your stock anymore!