focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Strav/ show me the positives where are they , ?
now l will show you the negatives,
1 / we are broke for a starter,
2/ as long as the banks are waiting for their money and the ore stays where it is noute will happen,
3/ the dfs is at least two years away,
4/ that is if we can get the money to do a dfs and if we do the dilution will start,
5/Dilution is already in place although we are not paying yet but the loans we will need will only add to it,
6/ We have Sucklin saying if we could manage to get some to do J/V with us speaks volumes,
7/ so to sum up We are broke at least 2 years for dfs then the banks then trying to capture a mug to J/V then the port then the railroad then the the site fix in total your looking at years before one ton of ore comes out the ground if ever,
What they should do for the share holder is get the dfs and flog the lot ,
to save you asking why I still hold share here like many other we are up to our necks in water" have a nice week end.
K/M was well-trained by his predecessor to throw out the bull s##t and the punters will buy into it and you will have a good income for life,
never go over the top just blame every thing on time also remember to have 2 million as a float just in case it all goes tits up. why are they still here milking us punters with a pipe dream?
Degsie/ could you enlighten us were the one bag will come from never mind 10 bags and when would that be is the question,
because untill that wet ore is moved nought think will happen never mind the dfs which would be another 2 years away and the same goes for the removel of the ore that can not reach the banks cut off point ,
in practical terms we are looking at another 2 years for any think to happen substantially.
$104.70 & AS LITTLE AS $103.50 FOR 62 GRADE ,
with constution at a stand still & the chinese people not buying the ev cars and big foriegn companys pulling out of china,
so what chance has amapa got of selling the wet ore which would be about $78 ton if the banks dont get paid soon we will be looking at stagnation with this share for years to come,
Ban /your right but are they able to use a little to redevlope the site as they have been or were did the doe come from to carry out the works on site, to be honest it woulld be great to get the track cleared of ore were there are small piles and the storage ore removed just to show some sort of progress