IMO Management have done themselves a big disservice to release such a Spartan quarterly report.
This is on the basis that feedback from the FMS publicity machine (who seems to respond selectively to individual shareholders - about one month on and still I waiting on my response from them), would suggest that there is actually something happening behind the scenes (lawyers etc) that they have been working on and have not yet disclosed in the report or any announcement to the ASX....it really looks like they have not done much over the last quarter if the quarterly is any indication and if this is not the case then they need to quickly redress this.
What they are saying to me in the report is that we have not really been that productive over the last quarter, sure we have discussed a couple of things with a couple of potential suitors over the last three months, but we have not progressed anything beyond a discussion....the tea and biscuits were great though..
We have however pressed a couple of buttons on our computer, we all stood around the computer in amazement, to see our computer model spit out some results which shows us that the resource can support 25mt a year production....This took about a whole day....
It is very obvious that on the basis of the last couple of quarterly reports and the dwindling cash position that a vast majority of posters and shareholders are quickly loosing confidence in management....
There needs to be a dramatic turnaround within the next 3 months for confidence to be restored....
- Forums
- ASX - By Stock
- RHK
- piop capable production 25 mtpa
piop capable production 25 mtpa, page-27
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RHK (ASX) to my watchlist
(20min delay)
|
|||||
Last
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $161.8M |
Open | High | Low | Value | Volume |
80.0¢ | 84.0¢ | 80.0¢ | $25.65K | 31.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 161 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 29996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 161 | 0.810 |
2 | 627 | 0.800 |
1 | 1 | 0.795 |
1 | 1 | 0.790 |
1 | 4339 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 29996 | 1 |
0.840 | 1496 | 2 |
0.850 | 10000 | 1 |
0.860 | 47991 | 2 |
0.870 | 10000 | 1 |
Last trade - 14.55pm 15/10/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online