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Ann: Development Progress - Lindi Jumbo Mine, page-6952

  1. 8,415 Posts.
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    Hi HongKongPhooey well said…He can say what he likes as the fundamentals are now becoming validated the outcome is beyond his control. The project is doing very well and reaching breakeven to cash flow positive by the end of August an achievement way beyond any expectations…Had Patterson’s vision been similar to shareholders expectations we would now all be aligned…The board was strengthened as Lindi goes from strength to strength…(Sour grapes) Dilution was halved and low level share price could play a major factor in favourable outcomes once refinance is realised…The more profitable the project becomes the better the outcome once refinance is triggered…

    Hang tight and remember if it’s hard for a Highly Profitable project like Lindi with low CAPEX requirements it’s almost impossible for peers with inferior resources and triple the CAPEX to get a foothold as Lindi should begin its rise…

    Regards Croc (The rise of Lindi not faraway…) Patience
 
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