update, page-59

its probably a case of glass i dont care... happy to have anything in it

i understand the frustration is being felt, but oddly i dont even feel any of it now..

i understand they are repairing both rigs. one is and the other is on the way..

i didnt like being referred to the piano a few months back rather than having a company secretary or a director call me back.. the idea that KMM is putting calls to a major shareholder is disconcerting..

will we be any better off using rigs that cost 5 - 7 times more per day to fill in? imho probably not a brilliant move.. are there low cost rigs robust and small enough to deal with the topography at the corner store down the road? nup..

will anything change? imho not for months in terms of news, but there will be 2 rigs working solid pretty soon, and after that a glimmer of hope they may look at other exploration targets..

can anyone say with any confidence that kombat is the largest and only deposit in the region? absolutely not, matt tells me guchab and kombat are basically identical.. there could be kombats or better anywhere regionally, all the geologically correct ingredients are prevalent throughout the trend

how deep is guchab?? if you went to the valley floor and drilled at the current giant red ant, i am told you would be drilling sideways and maybe up.. so this is real shallow drilling with the only solution being to follow the chaos of the way these deposits form and try your best to drill near and step out bit by bit

its tough terrain, shocking conditions, things are falling apart and things are being mended and replaced rebuilt stronger..

imho they are early days

will they adopt a strategy of burn the cash and let ops fly and hope for a big discovery of 3 -4% Cu at depth,, cant see it happening

imho having matt, and the new director showing interest, will be our only hope of saving any of our losses, i am unable to comment about what the solution is, but i am sure as heck the current situation is being remedied, and the ops are going ahead slow..

bottom draw for a while longer,, check back mid year imho.. if you have to exit currently then imho dont expect brilliant enthusiasm..

all imho and dyor