Younotme
You also have to question the sanity of Quintana. Why did they offer up $30 million for a plant that has no prospects of processing ore beyond the end of the year? They must be really dumb. Funny that.....I've always thought that they (Quintana) were one of the most astute investors on the planet.
It is obvious that Stevienix does his/her homework and, despite announcing on a number of occasions that he/she was not going to post anymore, continues to naively interpret the dot-joining in the most negative way. He/she consistently ignores the fact that the vast majority of the debt is deferred liabilities. He/she has determined that Pearce North is unviable, in spite of the fact that the people on the ground have made it to final mining approval (due within a matter of weeks) - why would they bother for an unprofitable resource? BTW, Stevie, you can not extrapolate CI costs simply by multiplying the cost per gram from another ore body, I would have thought your decades of experience would have taught you that basic fact.
Stevie, your experience should have told you that Morgans and Macquarie are not interested in this end of the market. Any references to these big boys and others are only in the context of them acting as nominees. Stevie, you appear to ignore the other orebodies at Mineral Hill - Jacks Hut, Eastern Ore Zone, Parkers Hill, Red Terror, A-Lode, B-Lode, C-Lode, D-Lode, G-Lode, H-Lode (all adds up to a massive diversified resource) - why is that? With a modern processing plant in the vicinity, this resource is a very attractive proposition, wouldn't you agree? Then there is Sorby Hills.......
Facts can be interpreted in many ways and Stevie has chosen to take the extreme negative route, his prerogative. I suggest that people be wary of his selective interpretation and do their own research. Remember, when he/she talks about others lying about being him/her a downramper then perhaps some "truths" need re-visiting. If Stevie can interpret the "facts" surrounding KBL's current situation in such a negative way then surely he/she can see that his/her posts can be viewed as downramping. Perspective is everything. GLTAH.
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