The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sinter is that noise will on shift? Once you finish a shift you will be in a quiet TR site or drive back to local town I would imagine. I really can't see this being an issue. Do we know if other miners in the area or fenix had 24hr operations . I am in favour just to double the cash flow or have a flexible system based around the price of DSO. Am not concerned about us not being able to supply 3mt a year
My thoughts are in line with DBR if they mentioned the possibility of it then am sure it's normal practice / allowed. The nearest town like 15km away and that town surely has to be pro mining and everyone there is employees directly or indirectly by mining. So can't see them complaining. Also I want us to be 24hr operation . Like DBR said if the price is good why wouldn't you take advance of this . Probably more work can get done on nights due to the temperature also. Doubling the cash flow from day 1 allows us to drill more and keep the reserves coming
Tango it is worded badly . I agree that if point 4 does not apply ie we don't lose interest in project within 60months then the calculations listed in point 5 will not come into affect and irrelevant. But the sub point c in point 5 doesn't make sense it's almost contrary to the initial clause. How can you lose interest and also mine
Do we actually need a final DFS if the partners we talking do aren't bothered by it and have enough information from this report ? To me if its not needed it's not needed but they should communicate that we have stopped short to save money and unless partner requires it we will we have enough information for final decision etc
Yeah but it can't be hard to find a ceo. I mean I'll take less experience for local knowledge and integrity ,someone who wants to stick around and have us become a mid tier miner. Any experience or info they lack they can bring in advisors. This whole strategy of getting one person in do one job then push out is terrible. Now you will struggle to get good honest ceo.
yeah i also don't understand why it's proving to difficult to do what fenix did . honestly thing the ****ery of london listed companies/aim and everyone at exc level looking out for eachother is to blame. the oz probably don't act this way or put up with this crap they just get honest ceo in who wants to mine . i'd love to see us get a australian ceo in perhaps someone who worked on fenix to get us across the line. someone who isn't involved in or on board of anywhere else.
Why are people focusing on the term week vs weeks and ignoring the word before it expects. Clearly the reality didn't meet up with expectations. Move on from this point please. I do think they should release some RNS saying they are still interviewing candidates and won't be rushed into a decision ideally as a footnote on a RNS for resource update or mining permit
Max this is not a good answer because we should have hired a CEO who understood production then and forgo the 2 previous hires because honestly I think a ceo who knows production and file some simple paperwork for permits of knac etc. I do not accept this concept that you get a ceo in to do one small job ( mostly paperwork) then their job is done and they are kicked out. Thats dysfunctional way to run a company and has caused concern to me. Hire a ceo who can do it all and wants to see us produce. End of .
That's true rio put a spanner in the works and slowed everyone's paperwork down for probably a year I also think fenix had a lot of boxes ticked before covid did they not ? Have to factor that in also if we being honest
Yeah I mean was it a typo , perhaps should they have said in due course yes. People would still be moaning it wasn't sorted yet though regardless of the wording. Am here for the assets in the ground do I wish we had better management of course I do I think even with average management they can get this into production yes ( because of contractors ) . God it would be great to have a shaun Day or similar.