Maybe we are stockpiling ore to look for a better price down the track. There is only one problem with this scenario, and that is it doesn't pay wages and outgoings.
I am sitting in the queue at 0.009 to try and reduce my average with a small top up order. The things that will cause a shareprice raise are -
1/ Confirmation we have a crusher on site and its crushing ore at Granville.
2/ Confirmation of Traxys paying for original part shipment and if there has been any other deliveries since and at what price and did the shipment (s) meet the 60% tin levels.
3/ Confirmation of earth being broken at Taronga and any relevant information about plant and equipment purchaes/ hiring.
4/ Some hard figures on production rates at Granville and Taronga ( in time). With some details on how we are travelling in regard contained tin levels.
5/ Answers on if we are or plan to stockpile ore at either site.
6/ Are there any opportunities to forward sell to use as a hedge on pricing?
7/ Are there any large purchases we as shareholders need to know about.
Christopher
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