low hanging fruit7 Feb 2020 09:01
It seems that Bird does enjoy the process of exploring and planning for production rather than the concrete delivery of revenue. When he talks in the media presentations he cleary is more excited about the exploration process and the potential but he does need to get with the program where shareholders are concerned and deliver some of the revenue he previously promises but which seem to fall by the wayside ? I have no problem with the new projects but already the alluvial operation seems to have tailed off... Nexus would not have walked if there was at least some revenue to come in line with what the previous months have been... it doesn't make sense unless they know the alluvials are done. It seems as soon as Bird has something new to play with, the current outstanding guidance falls by the wayside. Why haven't we started receiving meaningful revenue from the low hanging fruit ? What happened to the old Moz plant ? I can only see another Bird placing around the corner if we carry on like this as meaningful revenue appears just as far off as ever. Hope im wrong... I want to be wrong... and that maybe later today or early next week Bird delivers good news.