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Ann: Change of Annual General Meeting Venue, page-28

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retrac

4,186 Posts.

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30/11/17

17:21

Post #: 29264336
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Originally posted by jakita ↑

Sorry my comments didn't read well. My understanding is they are still planning to monetize the waste dumps as an early (lucrative and low cost) revenue stream but emphasized that the main priority for the early part of next year is planning the substantial drilling campaign and refurbishment of adits. The waste dumps are currently covered by snow, probably why they cited March as indicative timing for further investigations. Obviously no ore of any value would be used for roads but it is good they are working with the locals for side benefits for use of any material of no value (i.e. quarry products).

I was not meaning to suggest that there is no value in the waste dumps or that EUC is planning on giving it away! Rather they are being very clever by selling it as an environmental cleanup activity which has positive connotations from a stakeholder and permits perspective. They are smart these guys!

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Thanks for your response Jakita. All good, the true value of Dobsnia is really below the ground however value in the waste too. Cheers

EUC Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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