"the ban on inbound and outbound UK flights may affect the ability of Quadrise personnel to travel to Morocco to carry out the trial, with a resultant potential impact on the trial start date. The Company continues to prepare for the commencement of the trial in Q4 2021 whilst monitoring the situation"
Sounds like they're preparing for the best but expecting the inevitable.
And if the answer to my previous post is that La Parilla has been busy processing Iberian Resources surface ore, might that not have put constraints on the amount of ore being processed from the La Parrilla mine?
It certainly has me confused. Iberian Resources is the annexure to La Parilla which, as far as I can tell, has seen great development in the last two months. Massive amount of earthworks visible, yet I am unaware of any ore being fed from there to plant in La Parrilla.
So, how can it be EBITDA positive, with no income?
"is that just an assumption because you were hungry, so they must be too?"
No, they were all together going somewhere and I thought, at the time, that it was a shift change but no more came and I assumed they were going to lunch. There is a very small shop with no window 3Km from the mine. They were certainly very dusty and veryhappy Spanish.
The point I am trying to make is that, in this theatre, everyone lies. If you want go short on a stock then you do everything to promote it online so that people buy your shares when you want them too. If I had done the opposite of whatever Zak Mir, Motley Fool, Proactive Inv. Etc had advised over the last 15 years I would be far richer than I am now.
Ponfeigh. There must be some form of site canteen now but, on the latest visit we arrived at 13:40 local time and three vehicles (a jeep and two cars) were leaving as we got there. About nine or ten workmen who looked like they were off somewhere to eat. If they're working 12hr shifts, I do not think it was a shift change as it would have meant that there was another at 1:30am. Unlikely IMO. The nearest, and best, restaurants are truckers stops on the motorway. We use one at km375 ( past Merida) which serves a choice of 20 or so first plates, followed by either a massive steak or eight lamb chops, followed by big choice of homemade puds. 15€ including half bottle of wine.
Feels to me like the Q3 figures are being withheld for a reason. Personally, I heard nothing new, aside from the director changes, in MMs podcast yesterday. I was hoping for confirmation of the tin coming back on line after August's slump but he never even bothered to mention it.
I was really upbeat after my last site visit because there was a really good atmospheric buzz in the air. Nobody was standing around chatting, everyone was happily engaged with whatever they were doing and doing it energetically. Even the crews driving away for lunch gave off a very positive and exuberant vibe. That, together with the Huelva trucks, drove me to pile more in here.
Then MM starts umming and ahhing about things 'starting to look like they're going to pick up through the final quarter into next year' and I'm not so positive now.
Why couldn't he lump it all together? Pablo's not leaving until the 18th so, if the progress is as good as it might be, surely he would have been better releasing it all on the same day?