Member Info for scott1690

Market needs an update

Block sales. Is this these loans notes being forward sold

I would imagine that October will fall below expectations as the company was doing its best to reduce operational costs while the processing plant is being repaired and would have thought they have stock piled supergene ore for when the plant is repaired and can run at full capacity and profitable

As set out in the Company's previous operational update of 25 September 2018, we have developed the orebody to the extent that we now have access to a large amount of transitional and supergene ore, which is anticipated to deliver improved recoveries at a reduced production cost over the remainder of the year and all of 2019. The plant improvements that we will be making over the coming weeks should result in the stabilisation of operations, improved copper recoveries, and ultimately increased production."

My belief is that they will report that the processing plant will be fixed and made reliable and running at full capacity, with grades increasing which will cut costs and make the mine extremly profitable. Then we look forward to the upgrades while hopefully copper prices increase

We are delighted to have completed this fundraise; we are busy applying the funds from the loan facility to improve the process plant to complement the hard work that has gone into the rehabilitation of the pit.

Let's hope for another high volume day as we look to exit some of the forward sold loan notes and placing stock and look forward to our update from Kevin. We look forward to updating the market on our progress in the near future.

Over hang cleared. Moving more freely. Looking forward to the update that production is steady and profitable.

Nice volume more than 10% of available shares

Same over 2k. That's me done until I get assurances that the processing plant is fixed and grades are good that it's running profitable.

Added.

Yep think this will finish up, nice forward looking statement. We all know that if they fix the plant this makes money, alot of it and quickly. Which in turn will pay of the debt, and go towards frutherg upgrades. At 1.4 average still happy and trust in the majority sharecorder to get things right. He would lose to much if he did not.

Nice to see leetrades on Twitter adding. Well respected investor who has a great eye for a bargain

Could it be that some of the loan conversation has been forwarded sold already.

If an RNS comes stating the plant improvements have been done, tonnage and grades have increased and the mine is running profitably then this will be back up to 20 mil mcap in no time

FFS there is still a seller. Oh well more good volume days will flush them out

Had a small top up now averaging at 1.4. Very happy with that

Another 10% of available shares traded again today.

Anyone on twitter to ask Andrew Scott to get a podcast

Great news. Funding sorted by the major shareholder massive confidence booster.