all r screwed, page-36

Hi all i've had a small investment here for a few months its pretty much worthless now ,however i have certainly found it enlightening almost a how not to run a mining venture.I for this site several weeks ago and have been reading alot of the older posts to see if i could work out what some of the problems were so heres my opinion only ,1. The site itself had been mine extensively and the remaining ore bodies are affected by seismic pressures that exceeded what some considered to beyond what could be safely mined.2.The decline was never meant to run for so long so basic infrastructure was ad hoc the services and mine dewatering were in a constant state of disrepair and would require upgrading to continue this also applies to the processing plant which was upgraded and cost a fortune i dont think that it was efficient and alot of money was wasted the fact that a gravity circuit was going to be installed is hard to believe as this would be useless on ore in sulphides which wiluna is known for.
3 Equipment choices whilst Atlas gear is well known for drills the trucks and loaders are are seldom chosen in WA as they are reliabilty issues and to tie this to a Atlas service contract is really a bad foundation for long term profit to pay top dollar for techs that you could have employed yourself for half what Atlas would charge seems crazy , the choice of Nissans as the fleet vehicles also a poor choice toyotas have always been used UG .
4. The damage is done i believe these guys are to far behind now i would imagine that for most of there suppliers they would be on a stop credit and this is why they had to chase up some cash so quickly ,parts and services cost plenty and if breakdowns with mining equipment or the Mill would would stop production profit immediately so once the bills are paid the credit comes back and the bills start mounting again .5 The big picture something that the stockholders will never be shown . I think there is more going on here then meets the eye , something smells fishy maybe the lease agreement is where the value lies what other resources does the leases hold, surely at this stage the financial wiz's would not consider the mine itself as a profitable venture .

So thats it my opinion only i have read others saying do your own research and i think the same .