Ann: June 2017 Quarterly Activities Report, page-20

Hi Guys, I think it is unfair to try and pillory NikeC. Almost everyone here made the same investment mistake with our TGS and are currently regretting it to varying degrees. Lets own it. No one is better than anyone else.
Having said that, I applaud NikeC for maintaining a level of stoic optimism. I think people have lost sight of the fact that we are dodging a barrage if bullets.
Yes. Another shocking quarter. More time slippage. Personally I would have liked to have seen completion of the ILP remedial works. We do have that to look forward to.
1. Copper is helping us out. Average realised price was approx. 2.64. Currently 2.90.
2. Our cash on hand improved by approx. 1.6mil. (Yes-Not even 1cent if interest paid and subsequently capitalised to increase debt)
3. The implementation of hydraulic and intermediate pond to look fwd to.
4. Of course we needed to raise more capital. Wasnt it smart to put ua into a trading halt so that this remained an option.
5. Poor communication. Lets face it. Not much changed iver the quarter. Positive or negative.
I am with Nike. Things are getting slightly and slowly better. Management are currently doing the required job. (Communicatiin aside)