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This is a West Perth outfit, anything is possible but def no...

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coppashaft

11,395 Posts.

130

10/12/18

15:32

Post #: 36807969
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Originally posted by bebejo06: ↑

Our plant can definitely not beneficiate gold. Its a completely different process.

I also dont seen any indication at all of why someone would think there is a potential takeover underway when the announcement says nothing of the sort.

More likely it is revised growth plans that are more realistic and achieveable than the sheet we have grown accustomed to being fed. I am thinking and outline of production growth targets with a revised timeline. Hopefully also some mention of plans for the pellet plant, anticipated dates fpr first sales and info regarding sales targets, price, cost and margin per tonne as well as details of contractors and how they are going with training of local staff. Also how many staff they have currently as well as expected to need to meet growth targets. Definitely a lot of unanswered questions there. Fingers crossed

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This is a West Perth outfit, anything is possible but def no takeover going on with this, no chance, more chance of a Jason Brewer type redirection, Board removal come pump and dump on some amazing new deposit yet to be discovered somewhere in somewhere land.

My call is they are pulling the pin, they may even look to get back into coal lolol

IOR Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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