Member Info for Chrisdp86

The tide is slowly turning. Globally inflation subsiding and rates falling - the consumer cyclicals may come back into fashion. I think we’re still a year or two off that tbh.

Corporate governance and cash burn has been horrendous. mr Golden Share and some of the shake up on the governance front is welcome but now we need to see the cash burn ceasing .

But any positive EBITDA will be welcome as well as strong revenue numbers.

Well well well. Glad we have big shareholders on board to expose the cess pit of corporate governance that has been and continues to be in place here.

The company has been losing millions and they’ve been filling the pockets of their close ties

Tail* between legs :s

One things for certain. He clearly doesn’t want to come talk between legs to the market with some bad news.

Literally deplorable that they’ve not updated shareholders with such significant news.

Interesting M&A opportunity then

How do we see new tech like lunglife AI affecting our coming to market?

Big bounce there today on expected news

Surely - if there’s been no update on the proceedings and outcome of the 16th they’re now either a) awaiting further sign off/permit/ confirmation from the the state (which could take god knows how long and we’ve been misled once again)

B) having issues with the workings of the plant and start up

You would fully expect that the way would have updated the market as soon as the first rock is crushed under pilot production.

What a mess

Of which we are missing out any benefit of : S

Yes - which means we are likely to see them selling into any rise and pinning the price down?

We’re buggered here unless this Mill gets up and running soon and they pull a rabbit out the hat on a copper JV.

I’ve lost any faith in Hall and co as well as the Jv partner. Utter sh*t show

Of course. But it also states that GWM on the hook for the cost of upgrading anything that isn’t for for purpose.

What is the explanation then why pilot production didn’t start as soon as the permit was issued mid 2024?

We haven’t had one. Just endless delays and then confirmation we are due a state visit to the site on the 16th Jan. 5 days later… surprise surprise.. no update !?

Reading back through the 2022 WM announcement we can see why there has been so much delay and cost when pressing the button to start producing ..

Under the terms of the agreement, Muletown will provide not only the land for the mill but also virtually all the equipment required for processing mined material. GWMC will finance upgrading the milling equipment to operational status, purchasing any additional equipment required and the third-party costs of constructing the mill, ponds, portable buildings and necessary infrastructure. A capital expenditure budget of up to $600,000 will be phased over the three stages of construction and implemented following receipt of permits for each of the stages

- Muletown hoodwinked Brian into this agreement and got us to upgrade all their old equipment which wasn’t fit for purpose. He’ll never admit it I’m sure !

Because it’s all smoke and mirrors.

His true intentions and ultimately vested interests lie with immupharma. We’ve been conned

We’ve been waiting for nearly 18 months over passed scheduled completion- that’s not being impatient

Fully expecting that the rest of this sophisticated fraud will play out imminently.

Joke

Forgive me … hold too many junior mining stocks to remember all the partner names. My point is valid though.

Also reading back through the RNS and saw this beauty of a comment from September 2023!!

Post Period End:

· Western Milling Joint Venture: concrete laid and production due to start this year

LMAO

You’re obviously a glass half full type of person.

I just have lost faith in the partner firm bronco creek getting this off the ground tbh

Judging by the radio silence…….

Do you have bipolar disorder? Constantly having your position when posting on this company!?

The only fact is that they need to implement more units at a faster pace than they are doing. Nothing announced since July last year. 6 months with no new contract but they’ve added overheads to their sales team. Something needs to change fast or that cash runway won’t be early 2026

September price but with billions of more Shares in issue and a diluted holding

The brokers have had a field day here. Probably the directors too, absolute disgrace