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Ann: Wonarah Update Permitting, Bulk Sampling and, page-28

  1. 13,176 Posts.
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    re: Ann: Wonarah Update Permitting, Bulk Samp... Very sloppy ... took the momentum out of the SP that's for sure. Sell side lining up again. There is no need to rush into a stock where the directors illustrate a level of professionalism that guarantees they will likely make further mistakes in the future. Mid 2010 is a pipedream. It's possible that rock prices may still well be below the costs of production for Wonarah in 6 months ...

    And of course the sophisticates would be wondering why they are focussing on the highest cost project when they were sprouting the lower estimated opex at Meob back when the directors cashed in their BON shares.
 
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