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Is This Deceptive and Misleading Conduct Again, page-196

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sainters

181 Posts.

35

21/02/19

17:51

Post #: 37520795
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Originally posted by precis: ↑

Shouldn't use any excuses once..might say we got it wrong, but that would require self-knowledge and some humility. So if we've had 20 trucks a day, how come we only put through 10,000 tonnes in a 31 day month like January...what this tells me is we actually aren't capable of consistently putting through 40,000t/q at the mill. Has anyone had any response from ASIC about the Board...surely we are outside listing rules re independent directors at the very least...is anyone conversant with the rules...the talk of corruption in the resources industry echoes a mate telling me that just about everything goes on with some companies. Perhaps we are subject to that too.

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They are not allowed to truck on weekends and public holidays. For January they had only 20 days available to truck.
CTL will never consistently get 40,000 tonnes per quarter from A1. The mine/ore body is not big enough.
It would be good if the quarterly report showed where the tonnes came from. Open stopes (bulk mining) or Airleg stopes and if any came from that mullock dump called Union Hill.

CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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