Ann: Twin Hills Operations and Production Update , page-24

re: Ann: Twin Hills Operations and Production... saimeseparrot

Well if you call a major piece of equipment , in fact vital piece of machinery not working or malfunctioning , or breakinng down or what ever it is that its doing ,for months ,,, as MINOR yes we are at odds.

The company has been very vague as to excactly whats going on with this thing . But they are delighted to write pages of positive new .

I love to here the positive , but I want the same detail on the negative.,,,,,,


Yes because rain rain goes away .I dont mind a rain stopage , Its months of machinery malfunction that concerns me.

I replied to you after the Quartly stating my concerns that these so called "teething" problems were a concern to me and we may be waiting for the next quarter for full produuction , you dismissed my concerns and it turns out it may be even worse as they are now saying 3rd quarter.

They can stack from here to Darwin if they like , its called a bottleneck.

If the next announcement details pages of fantastic news about the bright future and current stacking to brisbane and then gives us a couple of lines saying we are working on the rolles crusher and hope to resolve soon.

I will not be very happy.

They board needs to be a little more open than that.
What is the exact problem , who is looking at it , how much will it cost , have the manufactuurers of the machine been consulted , Is the machine running everyday or just turned periodically to test flow rate.

Instead of the second last ann about more excutives on the team, maybe they should have announced they have contracted a team of engineers to fix the darn thing.

And if they have we should be told.

siameseparrot ,I relise how much faith and optimism you have in the company by the tone of your posts.

Its quite easy be positive and only look at the rosey bits but to get a truely balanced picture you need to take a closer look at the things they dont tell you. And the brief 1 or 2 liners between the rosey outlook.

If and when this companny runs , I will be right beside you cheering and full of praise , but not now , not until they fix this problem , which in turn should allow the sp to run. Until then we will fluctuate with the POS.