G79 0.00% 2.7¢ goldoz limited

Ann: Graphite Vanadium Project on track first production mid 2019, page-45

  1. 2,845 Posts.
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    I cannot believe that ASIC have let MUS release this ann after having to recall virtually the same ann previously. They obviously feel it is justified after the release of some very limited drilling data which they have used to come to some very optimistic conclusions!! (I see they have another ann out today dribbling out results as soon as they come to hand when it was initially stated they would be released in line with result of "Concept Study")
    If they released this as an Investor presentation promoting the Company then everyone would be well aware of the hyperbole, however heading it up "....on track for first production 2019" appears to me to be outright misleading as it has no basis. They are still in the process of further Scoping (Concept?) study so have not formulated any development plan yet they now are "on track" with an imaginary timeline
    Unfortunately it appears that many only read the headlines and details are overlooked and this ann to me does not meet any reasonable standards.
    I am not suggesting resource is not there, however a clear path to development certainly is not!!
 
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