update, page-9

Shiite what happened ........ just read the Q report and all it says is we are starting up the oxides more or less on schedule, resources are being upgraded to next level JORC requirements for the sulphides FS, oxides are up, Mt fitch U is down (they warned us previously), no mention of any other U (too early and not HNC's priority), few maintenance problems which beats me as to why u would report such things, just fix them ... hohum report with provisions for more excuses later?

Market sure has spoken tho ... cant afford to blink an eye ... another trading loss from yesterday's punt damn (?) Nah will hold these ones.

Bottomline is oxides are about to start, sulphides FS on schedule (ta to HNC no doubt), U on the shelf for now ... wouldnt worry too much about thiose Cu equivalent grades tho looking at some of the prices used. All that will come out in the wash.

Still reckon we are being set up for dinner.

However NOW THAT REPORT IS OUT , LETS SEE WHAT VOTE OF CONFIDENCE FROM DIRECTORS BUYING NEXT ???!!!

Once current shakedown is complete, reckon we will then see what the real gameplan is.

Looking for the higher lows to complete ... again. Dont know whats gonna drive it up from here tho in short term ....

U know my concerns about all this ... and its CORPORATE not operational at this stage. reckon when all dissidents are finally out and volume trims to NOTHING, then reckon we will see a hand being played out. Lets see how my hunch goes. I am sitting tight waiting for HNC's bid. Otherwise would strongly recommend we privatise now before we are done like a dinner. But lets see some DIRECTORS" CONFIDENCE first for troops' morale hey ?

IMBOOC