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5.0¢ warriedar resources limited

Ann: Annual General Meeting Presentation, page-11

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ElCaminoSS

29 Posts.

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01/12/17

21:00

Post #: 29306351
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Originally posted by LNC-Link ↑

I thought that way and put the question to Bill. He assured me that JC were only looking at mine design purely from the perspective of increasing extractions. They are keen on BS to provide more ore upfront to help take up their own inpending slack and keep the mill economical. In other words "dig more and put more trucks on the road. And by the way here are some ways that can help you do that".

At the same time the drill rigs are proving up more Nevada ground and new mine permits are being prepared for submission.

These guys are on the move. Cash coming from Fortune will pay for proving up their prospective ground in WA.

The merger and, what some shareholders perceive as delays, are smashing the SP. The underlying assets are still being developed through drilling even if the ore isn't moving yet. So I'm happy to wait.

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Thanks for the info. Sounds like they are working towards a mutually beneficial deal. I am happy holding for the long term, I think it will be worth the wait when it all comes together.

Transition from explorer to producer is a rare and exciting time to hold.

AWV Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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