re: hide the parcel.sackb Regarding credibility Sack,yes there are things that have been left very much open to interpretation and just a straight lack of communication.But then one might ask does the market really need to know any slightly negative info that wont have much bearing on the outcome.
Perhaps Im just being an ostrich with its head in the sand by thinking this but if we dropped every spec stock when it didnt meet a deadline or communicate every little positive/negative detail(which would cost in terms of annmnts to market)there wouldnt be much point in being in the spec market.
The thing I keep reminding myself of Sack is that these guys are asking the market and debt providers to come up with US$145M for a medium sized West African project.I dont care what anyone says,that a lot of hootch to come up with for any African project(even if it is a high grade zinc one)and if I wanted anyone raising this sort of dough it would probably be Marc Flory with the financial connections he has.
Yes they have made boo boos with the project,the biggy being not getting Byrnecut on board earlier to streamline the mine design,but then this will be more than likely to turn out to be a strength of the project in that the mining will be much more efficient with the wider box cut/decline as well as the pure fact that they are using experienced contractors that will be running the show,so much of the lack of hands-on mining ability should be alleviated in this regard,I HOPE!!!!
d.
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