Surely the restart study is being redone because they also plan...

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Jonnyash

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09/09/23

15:39

Post #: 69796577
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Originally posted by magmabaron: ↑

I'm not sure if you were at the GM. I agree, I don't trust Barry anymore. Hindsight is of course nice, but he was in way over his capabilities. A company that aspires to be Tier 1 requires a tier 1 MD and that was not what we had.

I'd say give Clive a chance. His presentation was good. He was very methodical, punctual, calm etc. He will never use the phrase that the SP will look after itself if we just mine copper blah blah etc. Hes very aware of the hole that current shareholders are in and he sees this as a big challenge to overcome. He also sank a pretty penny into the raise. The timelines got pushed out which is disappointing but the truth is now known. I feel better with this and believe that this timeline will be hit.

Funny note regarding a question/comment at the meeting. So basically the restart study is in the bin? They didn't say so, but yes it was crap. What we will get now is the correct professional stuff with no shortcuts. This is the stuff financiers want to see. Let's see this first timeline hit.

All my own thoughts. Do your own research and assessments.

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Surely the restart study is being redone because they also plan to include the concentrator and heap leach together. That will require met test work, site inspections etc to confirm.

Everyone loves bashing BC. He was very close to getting finance before the market turned. He had a lot of hype in his language but had it all worked, everyone would be singing his praise. Getting the market excited draws in investors and results in less dilution during finance.

CYM Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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