which target or targets has jb missed?, page-17

Here are the facts - I will leave the fiction to the propaganda professionals.

Conclusion of first long-term offtake agreements in Q4 2011/Q1 2012.
Completed and exceeded

Debt funding secured to advance exploration and project development in Q1 2012.
10 million debt facility close to being secured as per company announcements.

Diamond and RC drilling results Q2 2012 to Q4 2012
Tracking well and plenty of time for this. As per company announcements drilling results prior to June 30.

Targeted initial JORC compliant resources in H1 2012.
Missed. Drilling started and JORC compliant resource is being progressively developed. As per company announcements drilling results prior to June 30.

Production at Emmanuel Project at monthly rates of up to 5,000 tonnes in Q2 2012 increasing to 10,000 tonnes by Q4 2012
Up to 5000 tonnes in Q2 2012 has been acheived. Processing plant production levels will dwarf these estimates.

First export sales under long-term offtake agreements in early H2 2012.
On track to be achieved as per official company announcements.

Production at PecoProject at monthly rates to 10,000 tonnes by Q4 2012
Tracking well for the end of the year. One month on the Processing Plant and this target will be exceeded.

More money is going to walk through the door when Sinosteel binding agreement starts to be filled prior to July (as per company announcement).