I called for regular updates over a year ago flyboy, for exactly the same reasons. we are living in a precarious world, where presentations and promises have hidden the reality of the incessant run of problems...I really now just want out, not so much because of what the company has, but because of the Board..which is basically non-compliant and has been so for four months. I don't trust the company. The conspiracists are worth listening to.
So from the announcement of 24 Oct, we blasted at A1 on 19th, we were ramped up at the mill to 40,000t/q, and we had intervals of 6-7g/t at 0 distance and 1.8m distance from where we were working. 4 weeks on, and it would take five minutes to write an announcement saying, we've milled 12,000 t in the 4 weeks, @ 5g/t = 2,000 oz x $1650/oz = $3.3 mil. You think I'm dreaming? Well those figures are those put out by the company..even allowing 4 g/t ave still gives 48,000g or 1500 oz for $2.5 mil. AISC is $1000...gross profit...??? The last announcements still contain promise...long overdue is the time for delivering..enter conspiracists..
Any news from the Violet Town shopkeeper, or a Slingoes truckie? Do we own a much heralded shotcreter? Having an $8 mil quarter, then a $6 mil quarter, while we dig a big financila hole, isn't acceptable.
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