Ann: Rocklands Project Moving Forward, page-3

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30/07/15

12:02

Post #: 15720218
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Originally posted by Askari ↑

Is this another 'announcement' to get shareholders on side after they have been incredible ill treated for many years now?

YES - The company has not released any new information.

Is this announcement to highlight that the company has no direction or management to take them to production, clearly evident in the fact that we are ONCE AGAIN behind schedule?

YES - There isn't any surprise in the fact we are behind schedule! There is no 'new' management to develop a change of direction.

Did the announcement state there will be no future capital raising or injections?

NO - It simply stated it doesn't need to raise $100m, and the project has support from its shareholders.

Did I like the new approach to announcements with Mr Hutchinson shouting Yes or No in my face?

MAYBE - It's good for a change! But it needed more Mount Franklin bottles!

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I have to give Kudos here this a quantum shift forward in the right direction (IMO) - lots of real information in this release without the reliance on the overload of recycled pics of nuggets , containers and buildings . Well done to the team.

I would have liked to hear something on the cobalt given it is significant in the total cu/eq resource $$$

Does this mean that the JORC was largely accurate after all with no significant lost windfall grades ?

CDU Price at posting: $1.31 Sentiment: None Disclosure: Held
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Ann: Rocklands Project Moving Forward, page-3

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