Hi slura a very strong post well done - it is the glass half view IMO however some of this is true.
I would like to point out that they did not know that DB would want to exit. Now DB were caught in CRE and would have stated that they were happy to hold FML and happy to include their parcel of CRE.
They did hold too - however circumstances changed for them and they decided to exit. Did they intend this all along - possibly however did not disclose this during the proceedings IMO. No sin committed here I have to disagree with this one point.
True Coolgardie is a changed story post CRE (for the worse clearly) and that they did not mention this at the time of the cap raising - because the opportunity to pick up CRE had not arisen at that stage. The loan did not legally have to be disclosed and the rest you say about stone and this not been sorted out yet is true and correct.
Therefore I certainly do understand your frustration. Truck in reverse I don't agree with - only share price and the market has this problem all over the world. No point looking forward / truck in reverse - a very clever bit of writing that expresses your frustration vividly - a frustration clearly held by other share holders.
Truck is moving forward rapidly IMO the production figures and development at Laverton prove that. The total group numbers prove it too. Coolgardie is moving ahead and ounces will catch up, The Mount has contributed to the problems and will be sorted slower because development capital was delayed for the CRE purchase. The pits have turned out magnificently even with a few teething problems as the mill had to be 'taught' to accept soft oxide ore. This had an impact but looking up from here MS has done a fantastic job. I am covering all this in the report warts and all.
I should save these posts until SP is moving up and everybody is happy however I feel the need to provide the answers when they are sought. At least it proves I am not here for approval as I am likely to be shot down here today with the close at 4.9c. I will try to find out how many shares DB have but not sure if this could be legally shared with me. In which case I shall seek an ann when it can be provided. Does to hurt to ask.
Cheers,
CW
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2.4¢ |
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Mkt cap ! $6.764M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $1.023K | 40.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 2.3¢ |
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Price($) | Vol. | No. |
---|---|---|
3.0¢ | 338167 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.023 |
1 | 30000 | 0.020 |
1 | 60000 | 0.017 |
1 | 152311 | 0.013 |
1 | 41667 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 338167 | 3 |
0.033 | 2476 | 2 |
0.040 | 11111 | 1 |
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