PMA precious metals australia limited

proven reserves of v2o5 to increase, page-8

  1. 66 Posts.
    You sound like another one of Rod's sycophants, vmonster.

    And you also appear to have some difficulty with the facts. the v in v monster stands for vanadium? You appear quite ignorant my friend.

    A mulitnational did shut it down because it could. There was nothing predatory to it. PMA sold it willingly and then pi*ed and moaned when the new owners made a commercial decison. So whose fault is it that a foreign owned company was allowed to wipe out millions of dollars of taxpayer investment?

    Answer: the government, the seller and the promoters who lobbied for it in the first place.

    PMA did not discover Windimurra. The project was discovered decades before PMA pegged it - one only has to check public records to prove this.

    The kiln is not the largest in the world. In the cement industry there are some monster kilns, larger in diameter and of equal or greater length.

    You believe what PMA says about their ore reserve in the face of overwhelming evidence to the contrary.

    vmonster you know nothing about this industry. The reagents are not free to windimurra, and the ammonium sulphate in particular, is available at normal commercial prices. You see, all of this "waste" from Murrin Murrin is now taken by other parties.


    You are also wrong about the drilling. Balla Balla has as many or more drill holes as Windimurra. AXO has recently done drilling, been to europe and back on the pilot tests, done most of the environmental work, negotiated offtake agreements and generally made a mockery out of the rivals.

    All PMA have really achieved in the past year is a handful of drilling results as it scrambles to establish a decent sized ore reserve.

    As for getting better performance - if my great aunt had wheels she would be a wagon. Show us the evidence.

    Most of the plant is there? Well, PMA do not have crushers, mills, suitable beneficiation equipment, or a powerhouse. They don't even appear to have finished the new process work from which they can order the necessary equipment.

    Well done on your trading victory, however when the truth comes out and this thing re-adjusts, there will be pus, and heaven help those still holding a bundle.

    These clowns mislead investors before, and you are rewarding them every time you buy a parcel.

    Make your trade, be happy and invest in undervalued companies with a future. Friendly advice: stay away from things you don't understand or lose you shirt.








 
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