Navarone: Our SP started going South when our Singaporean friend along with ATM and CC started selling down, this happened just prior to the announcement of Riley being suspended.....CC and others knew that the EM news would not be enough to lift the price as they were also suspending the EM's due to wet weather. Also bear in mind this, considering we had no ore stockpiled when we shut down Riley, AR must have known at least 2 weeks before he suspended operations.....Otherwise we would have still been producing about 1500 tonnes a day minimum up until we closed......Now we see the same faces reappear like moths to a lantern.....CC and the Singaporean, they are here for a reason and it’s not to lose money, they managed 300% gains last round , this will be no different.
What I want to see from this Company is a clear path forward for Mt Lindsey:
1) An appointment of a specialist Tin /Tungsten personal.
2) An application for ESG certification.
3) Application for Government Funding to be made.
4) All our permits been submitted or worked on with the relevant departments which includes, ( Mining permit, Environmental Impact study, SPE, etc).
As AR mentioned the BOD has been in discussions for the past 3years....However, no particular announcements or updates by the BOD what's so ever.....All we ever hear is that they are in discussions, no use just talking about it.....We as shareholders would like to know where are the BOD up to with these discussions which are fore-mentioned and highlighted above.
We all know like the past 10+yrs with $40ml spent for only 10% jorc of Mt.Lindsey, the BOD will continue to drill and explore at Mt.Lindsey which now seems to be the BOD's norm....I believe as a shareholder, they need to provide and show evidence that they actually doing something on the (4) highlighted points mentioned above.....If the BOD is to be taken SERIOUSLY by shareholders....I am also aware that the dynamics of the resource has changed, meaning moving from an open cut to an underground operation.....However, these permits and applications should / could be worked on simultaneously in conjunction with our drilling and exploration operations.......This is something Jamie should be responsible for as a BOD member and keep shareholders informed via progressive announcements on this front.
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Mkt cap ! $29.39M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $6.182K | 578.2K |
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No. | Vol. | Price($) |
---|---|---|
23 | 8484428 | 1.0¢ |
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Price($) | Vol. | No. |
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1.1¢ | 909555 | 4 |
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16 | 5849945 | 0.009 |
4 | 4600000 | 0.008 |
7 | 1693928 | 0.007 |
3 | 4085000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 909555 | 4 |
0.012 | 5473603 | 13 |
0.013 | 6190314 | 15 |
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