being in RRR for 3 years now, and never sold............withan av > 2p++++.................I too feel your frustration...........
but...............All projects have reached maturity now.............without going to the next (expensive) stage............... so what was AB to do.................?
option 1.............do nothing , i.e. no surveying/mapping/drilling to detm. a resource JORC.......... and wait for proposed to complete.
option 2. Find a new low cost project, with high prospects, acquire a license ...............and still do option 1 . without the "no"......................but initial costs are already covered (by d_s_) upto £100k. That should ideally be enough to see if proposed license area is promising or not.
ps option 1 would mean further skilled staff cuts.............a few staff were released last year.
Once again I understand your frustrations. Ivory Coast, unless we get very lucky indeed, will not gain us uplift in sp for some time to come. However, the pressure on the BoD must be incredible to turn around the more mature projects. They have to turn around something. You are a seasoned campaigner you know what can/could happen if we complete some sales here or even a proper MFP RNS with pluses and minuses so we can judge the profitability. We know JMS will prove to be a winner. We still need pipeline as well. BOD, you need to get yer backsides in gear. Hold on in there mate even though it is a s*1tity rainy dreich day in Ayshire. Cheers.
Dont specifically remember that one,but does the poster have the ear of ab.just a guess bb. I asked how long it would take before this one would be beefed up into the next company maker.at this stage it is hardly worth considering.not to say further down the line it might not be productive,could also be a waste of time.hey I had all but forgotten about ascot .another storming success.it is just too easy to find fault.just maybe we might be thrown a curved ball and greenland will complete,.I would like to see the greenland completion this week mark my words up .check that one manlord .july 2013 middle of the month if my memory serves me.
Can someone please inform me how a start up project such as the Ivory Coast will provide us with £26 million when the total value of all our assets (including JMS, RSL, RGM holdings) total £6 million ???
They don't though do they Ladeside. Thats the point.
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