Ann: Company Update, page-8

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tooler

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29/03/25

19:04

Post #: 78466222
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Originally posted by Jezzaaa: ↑

It's always hard to distinguish the exact narrative going on being the scenes.

But I think it's a given that no investment decision would be made until those engineering plans are done. I think that'll take at least until the end of the year.

In the meantime for 2025, with a company in care and maintenance you don't want to be paying 5 executives at the table.

CFO would want to stay and collect his free $50k a year, I reckon Jerko told him to leave as a matter of preserving cash. Not because CFO wanted to because it was never going to head anywhere.

Jerko would have been sitting on $50m paper money at one stage. Now it's what -- like a mil?

Jerko would be doing everything he can to get this show going.

It was nice to see we're going ahead with the intention of the 24k permits. You wouldn't do that if you didn't think the project were viable.

At the same I also saw he wrote about considering all strategic options of looking at other projects. Yeah right -- like we have the cash for that.

While we're on the topic - jerkos a Muppet for ever buying tonopah as there's no water rights.

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Was he a muppet or just keeping his options open. From memory it cost bugger all.
Was a strategic move at the time. So for me no muppet moment.

AGY Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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