2,800cts in 5 or 6 months is very poor, they couldn't even provide quarterly figures.
No information on tonnes mined/processed, no ct/tonne.
Doesn't matter how good the Tomra is if you can't get production through.
The $360,000 sales (not sure if US or AUD) no $/ct, no actual sales volume, just some unsold.
Why set up a sales office when nothing to sell? should have stuck with one of a number of experienced tender houses in Antwerp.
Estimated outflows nearly all admin.
Another lot of external consultants, what happened to the ex Argyle consultant and Foundation resources and others before them.
Surely AXIS with all there expertise could get this done!
Ann: Quarterly Activities Report, page-7
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