RE: Update from Show11 May 2020 11:43
Thanks for the detailed update. I also listened in to the interview but have nothing to add really.
One comment with regards to the HR plant, Bird mentions the kit is being manufactured in SA however he also states that they are looking to manufacture the 'tanks' locally. I'm assuming he's talking water storage or settling tanks here?
He did look to be genuinely apologetic when asked if he takes responsibility for the drop from 3p+ to the current .75. takes full responsibility for that and admits he's taken his eye off the ball "was looking at other balls kicking around". Cold comfort for us LTH however, with the HR play appearing to be still on track we should be , finally, pulling in decent money next year.
On a side note, in another general mining discussion, he talks about CEO salaries and how hard it is to find staff for a realistic salaries in the AIM market. This could be why he's yet to release an RNS regarding new exec staff?!
Seems super excited by Kelengwa, design finished and wants to, partly, self manage - 6-8k tonnes per year....
Company has the chance to be pulling in $1e6 per year by this time next year (Rodney).