Well it isn’t to announce a further six weeks of incident free, record breaking production is it? And don’t need to update strategy if the plan hasn’t hit a problem.
As usual TBs ramping is a sign to stay well away from a stock, half the time they go into some sort of oblivion, eg TRY, MBN and dare I say given time POS and PAN. Hopefully no-one actually believed his fantasies when investing here.
The mine has been a struggle, and the plant appears to be operating at the wrong end of the bathtub curve. No occurrence of “bad luck” will surprise me here. Whilst Victor might not have been the solution, imo he’s not the route cause of the problems.
My sympathy to long suffering holders.
EL
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
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