The question I ask is what happened to the consultants who provided the original resource estimates that are so far out of whack as to be bad joke. I have always thought the people in this company were first class but even with this news there is little acknowledgment of any company fault here. As I understand matters there was a fault in measuring the basement levels of the coal strike.
Lets be clear here this is a big blow to the cred of this company. It has a wonderful resource in prospect but the company has travelled everywhere promoting itself and has fallen at the first hurdle. How it handles itself from here will determine much.
There remains no PFS or any comment as to why not. This was supposed to arrive last july as I recall. The company has treated its shareholders with disdain when clearly it is time to front.
the real thing?
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Last
21.5¢ |
Change
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Mkt cap ! $109.1M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Change
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| Last updated 10.30am 14/05/2024 ? | |||||
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