C7A 0.00% 1.4¢ clara resources australia ltd

Ann: Mining of First Ore Block at Granville Tin Project, page-323

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    From News release
    "As previously reported , the Company has been seeking to directly procure certain services contracted to thecivil and mining contractor."
    This is because the wasted 12 months due to the untimeliness of  who ever is in charge during the 2017 wet season to correctly select the contractor and complete due diligence. Remember ANW shareholders, when they wheeled out Gemrock they were really proud that they chose a cheap contractor that saved around $250,000.  Well I think they have cost us over $3M-4M in opportunity lost.
     "To minimise further delays to the operations, the Company has now assumedadditional components of the contract, including blasting services and fuel supply.    Furthermore, theCompany has removed the crushing component of the contract and is currently in discussions withalternative parties as well as examining capacity for utilising surplus equipment at the processing plant.  TheCompany is working with the civil and mining contractor to maintain mining operations and will update themarket as appropriate. What in gods name does all that mean. Why does that news release ask more questions than it answers.

    In my experience I find statements that ask questions and create ambiguity and not answering them usually having something hidden within the context.

    As I said to you at the end of the first quarter, the form guide indicated to me that we would not be in revenue in March Quarter. This company does not know how to plan or execute a  time line. There is always a problem from someone else. We are only told always of the next step, when most intelligent folk would have assumed that that step was already completed. This is a resuming Tin mine and the execution has been very poor.
    I cant see how Tarronga can be pulled off with the existing leadership team

    ANW directors, maybe its time you looked inwards.
 
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