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I'm not all that concerned about a possible placing. I've always divided dilutions into two groups: the ones that raise money for investment in something that will pay off later and the ones that raise money to pi55 away on inflated directors' salaries for a few more months while the company is in fact doing nothing. A placing here would definitely be in the first category and, although I never like to be diluted, I wouldn't really be against a placing on the right terms.
Tucson - I honestly don't know what my average buy price is because I've bought and sold all along the way since the old kennedy days. The best I can tell you is that it's way north of here and way south of 15p. If I have to guess, I'd say it's somewhere in the neighborhood of 6-7 p.
Now Align will come with it's full report. Although they may just wait until the drilling samples have been analysed. One way or the other it will be a very enthusiastic buy advice. But the most encouraging buy advice is that mrs gmed thinks I ought to consider averaging down at these prices. This is the first time she's ever been positive on kzg and she has a perfect track record until now - she's always hated the company
Thanks, Omr. Maybe it will do some good.
If the first message was in april not june, then the question aren't really that disturbing. It was during the corona shutdown and mm still expected the tweaks and adjustments to the mill to work. But I stand by what I said about referring to quarters as 1Q etc instead of using months to name them.
I just re-read my own post and see that he would have said "July quarter". So I'll just leave it at some very disturbing questions.
NMH - yes, those two announcements raise some very disturbing questions. But could it be that by "June quarter" the great communicator really meant "the quarter beginning with June"? Normally, this would be something a ramper would say when he runs out of real excuses, but the reason I ask is that I seem to remember exactly the same confusion with quarters from a year or so back. Or am I mistaken? Why can't he just say 1Q and 2Q like everyone else? I realise he IS Australian, but still...
If this is Allmineral's screwup I would expect either a substantial settlement for lost income or a lawsuit. What's in the contract? Why was there no mention of damages in the rns? Hang on - doesn't Allmineral still owe us money from last year's delay? We never heard anything more about that, did we?
As an old accounting professor once told me, "Always read annual reports and company press releases carefully for what they DON'T tell you. Silence speaks volumes." Are you paying attention there in the back, Michael?
Many thanks safety. That's what I figured but as you say, we still don't know the total available hours. With some corona restrictions still in place I wouldn't think it's the full 24. So all in all, an interesting but meaningless statistic that should have been explained in more detail. Like so many other numbers in a wres rns.
Can someone tell me what this line from the rns means?
· Effective utilisation of the plants has increased to over 80% at the end of the period.
What exactly would utilisation mean? Is that just the number of hours the plant was in operation, regardless of output?
Let it roll off your back, Richard, and stick around. How else will we know the weather in deepest Dorset?
I'm with K3. It's clear something has gone very wrong with the tungsten production process. The main question I have is to what extent the problems have already been rectified. It depends on which part of the rns you read. But in any case we all knew that a production rampup is often not a smooth process and that there are always setbacks along the way. I can't say this rns brings a huge smile to my face, but I'm going to reserve final judgment until the end of the year. Things will be, for better or worse, much clearer then.
What are the odds on two in one day?
I'm telling you, he's on the Julian calendar. Everything 13 days later. It explains a lot.
I think this all has a logical explanation. You know how the Orthodox Church still uses the old Julian calendar, so their Christmas comes thirteen days after our Christmas? Well, Michael must be using a Julian calendar! RNS around the 28th I should think.
Tonlin, I never got that far. I ran into trouble when she got to the second hand