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07/09/18

09:25

Post #: 35459597
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Originally posted by DiamondJoe ↑

Hey domain, I believe the production solution is right under their nose - hire a team of Garimpeiros! Let those local lads back down the mine to do the voodoo that they do...so well

...They are producing gold, and have alluded to things going well - firing up the big furnace, gold on the shaker table - mentioning in the quarterly that they are now running the high grade ore... If they don't announce a monthly report tomorrow, or at least tack on a mention alongside the CIL tests, then things still aren't well at mill, and that's a head scratcher because they have been stockpiling high grade to have a royal go at it in August.

I've watched the video dated 27-07-2018 at Cascavel and Richard was oozing confidence August was going to be a cracker, in fact John had to caution him on mentioning grade, and RC certainly wanted to disclose! They have had trouble with the toro's early in the month but there would have been at least 1000 tonnes of high grade above ground, probably more. 50oz two days running late July was a signal to shareholders that the gravity mill COULD produce at a reasonable rate. What happened in the days, weeks following those two days - 10oz per day - 100oz??

Management - time to let us know the true state of play. And for gawds sakes - track down those garimpeiros - and tell them to bring their pans!

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Great points DJ. I just watched the video and it sure puts things into perspective. "rome wasn't built in a day"

OGX Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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Fundamentals, page-293

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Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

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