RE: Genuine question: where are all the pi buys on this cheap price?24 May 2023 12:47
Kat, you want a reasoned response ? Not sure why I have to respond to anyone tbh 🤷♂️.you are part of TG group so feel free to post 👍but let me have a stab at this while my tea brews as you really won’t leave me alone bizarrely….
1. The reality is we are weeks from revenue which is meaningful to the company.
2. i am not sure what diverting funds in own direction means.
3. We have always said the drill programme is happening in order to create a JORC report. Many mentions within RNS etc
4. Current valuation seems high for what we get? Name me one other small cap mining company under GBP20m that is either generating sales or is one month away.
5. We paid more than GBP300k for Molulu.
6. The copper ore production did begin in January 2023. Potential buyers did visit Molulu, We have mined 6,500 because we are using the mining equipment to rehab the road and to build the bridge ourselves.
7. The poster has not understood that we are shifting to the high grade sulphide ore, which means less tonnage.
8. I don't know where the poster gets 100 km each way figure? We plan on upgrading the entire road. The road can take all loads required.
9. To move 10,000 tonnes, you we need 3 trucks of 50 tonne capacity, not 9 trucks, doing 3 runs per day.
10. The person wants to analyse financials, there are financials to analyse. This is a red herring.
Ideally, CRTM never has a person like this as a shareholder because this person took the time to create doubt where no doubt resides, with perfect spelling ands cutting and pasting from their computer. this person has been trying to create doubt . It appears to me this person owns a similar small cap share like Andrada and that share is dropping faster than CRTM.
All above is from interviews, RNS within the public domain which are factual, so if I can read these then so can anyone making a verified judgement on such.