Whatever they are doing about it, one things is for sure you will not hear about it until the 11th hour or after the horse has bolted. These guys like their predecessors continue to be a minefield of pertinent information for shareholders. If we are no longer around, who cares if some gold is actually produced, even with gold at $1898.00 $US an ounce today. After all these years of artisanal mining, is there really any gold left there? If there is I am certain someone will reap all the benefits. I am just not that sure it is going to be us. Maybe this has been the plan all along.
Given the time it took them to get the last set of audited financials to ASIC and ASX, I cannot see them getting the outstanding ones to them in 6 weeks. That is, if in fact they really want to or have the money to do so.
Does anyone agree with me, that the figures in the last quarterly report have again not added up. In item 1. I got $1948, not $1877. At this late stage of the game I realize this is irrelevant. Even so, if they can't get the simple things right it is not a good look that they are on target dealing with the more crucial concerns the company and shareholders presently have.
The price of gold in March of 2015 was $1,540.38 AUS$ an ounce. Presently its is $2,640.04. In hindsight, one simply should have just purchased some gold bullion out of Perth mint. A small gain I know when compared to the potential gains spruiked by Alex and his cohorts at that time. A reasonable one now though, given I would not have had to endure all the bullshit that has come out of the mouths of these would be if they could be carpet baggers for the past 8 years.
What I am hoping for now is that we can manage to stick around and that the gold price continues to climb to greater heights. If it turns out that there is some entity out there willing to step in and pick up the pieces, given there is any left . Then I may just have a chance of getting some of my money back. Big ask given what we have been told at the moment.
From the news provided by this new Board to date, I have the same confidence level of them ever achieving any form of gold production as I had the day Alex Mackenzie disappeared off the scene. Jimmy Hoffa revisited? Where ever he may be, I am sure that he is extremely grateful that he has no further involvement with nor accountability for the mess he has created.
So here we all are after all these years, still patiently waiting. All still wishing, hoping and in some cases praying that some really good news will finally eventually come out of Senegal. Excuse my ignorance, but to my knowledge the best and possibly the only thing to have ever come out of Senegal of any note may have been a soccer team.
Cheers and Good Luck to All
Ann: December 2021 Quarterly Activity Report and Appendix 5B, page-9
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