3. Competent Producer – Management have successfully ramped up production and within acceptable limits achieved their projected production rate which is an OUTSTANDING ACHIEVMENT given the normal teething issues most young producers have. Hey consider RED5’s debacle with their tailing dam which looks like wiping over 50% from their SP.
That might be why i got that impression longshott...Failure to be able to talk to our joint venture partner and jumping the gun with no legal certainty on terminating the joint venture wiped out more than 50 percent of plv...i would rank that with red5 in the debarcle stakes.
I like your posts longshott so dont be offended if i add some balance.....its not my intention.....but need balance because they rarely achieve any of the goals and milestone they put forward...but i have a feeling that drilling will change our direction...worth a punt at 8 cents ...
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