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arfbarf

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10/01/24

12:23

Post #: 71810162
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Originally posted by UndR8ed Cat: ↑

I do believe JB is much more responsible with his enthusiasm than BL was.
BL got excited and used terms like "phone ringing off the hook", "marlin" and "you aint seen nothing yet" which so far has resulted in disappointing holders.
When JB was asked at the AGM how he felt production costs were tracking in the December quarter, his assumption that we wouldnt see a dramatic reduction in production cost due to the optimal cost structure not being realised because of lower demand. I felt that was a responsible outlook.
Hopefully we do better than he is letting on.
Current DFS AISC is $987CAD/t or $1102AUD.
I think that is conservating and we should look at breaking the $1000AUD/t mark ultimately when we achieve that 67% recovery target and perhaps inprove the NAL R.O.M.

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JB is maybe ok as a BOD member. He is good with the production side, but as a CEO he has shown himself time and time again to be irresponsible and incompetent.

SYA Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
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General Discussion Topics, page-127932

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