Ann: Fourth copper concentrate shipment dispatched, page-13

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Pinky789

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15/08/24

19:46

Post #: 75227321
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Originally posted by Empty Nose: ↑

do you need to reckon?
or can some things be known.

last quarterly showed an operating cash positive balance (excluding payments for expensed development), did it not.
it did as far as i interpret the report.

so, with using stockpiles, without mining, there is a profit at 50% plant utilisation.
this in itself is a good achievement.

so, stockpiles need to be used up to manage the cash flow.
that comes first. first things first. principle - princip.

only then, AFTER management understand and act upon basic principles.

then comes the reporting.
the reporting comes after.

so the issue to be confident that the right processes are being followed.
right, a shareholder doesn't micromanage a business.
a shareholder is responsible for appointing reasonable and capable man-agers.
they will spend their 'man age', their time, to do it.

and then reporting.
well, i joked about this in the past and nobody responded.
i made fun of the line in the reports, something like
"the project, in Oman, which is a country".

so each of you should have already known for a long time that for whoever is writing the reports writes a little bit funny, not perfectly succinctly as one could expect.

yet you did nothing.

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He has a funny way of reporting and you have a funny way of posting (love ya empty) but difference is your strange posts doesn’t cost people money but reporting that wouldn’t look out of place in the 1970’s doesn’t really work in 2024. It in my opinion is currently costing people money!!’ It will come good one day but fairs fair 4kg of gold. Ounces please

AUQ Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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