RE: Copper can not cover it's debts27 Dec 2025 22:43
Personally I think you helped drove him away .Must do this Must do that I thought who the hell do you think you are.
I’ve been investing for 45 years started at 14.
Joined here over 20 years ago .
Over those 20 years I have never come across a director who would post on a forum and correct where required disinformation.
Some didn’t like it .
You only have to look at what Sirboring puts on the forum today to try to look as if we have substantial debts.
He forgets very quickly all debt for the South Africa business goes with the New owners leaving us with $8 million.
He forgets the last 6 months of platinium produced at a average of $14,000 or more at a cost of $605 ,18,000 oz
Chrome being stable and a higher price than the average price last year.
Some of this would no doubt would had been corrected by the FD.
He also knows being an accountant that he would only be able to correct posters if it’s in the public domain .
He also forgets Copper has increased over 30% in the last 6 months with a annual production at the moment of 4,500-5000.
He forgets all the stoppages last year which decreased production and ramped up costs.No stoppages in the last 6 months.
With $78 million coming to the company over several years he believes it will all be spent .
He has one correct answer will the company be around With in the next few years My answer is No.
It will be taken out if certain multi companies are eyeing up the company on its resources.
May be we will be left with the platinium mine by next year.
Question is when are you going to substantiate your claim on the 25,000 hectares of exploration being else where.
I’ve looked and looked and have found no info on your claim.
Please post link
I will be asking until you do or you can admit you made it up.
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