I am not one to get into things on HC and have been in this...

First 20 Last

Share
Profile

Follow
Henry292

215 Posts.

38

21/09/22

09:23

Post #: 63807573
Share

Originally posted by Money made: ↑

Mate Seriously.

It is a good announcement. I don’t see why people see it as a negative for. See Below:

Path Forward
While the laboratory work is ongoing to select the final pathway for the HPA process KRR will be reducing expenditure on the HPA project until this is concluded and the next step in the potential advancement of the HPA project is determined. High Purity Metals CEO Doug Flanagan has decided to step back from the CEO role, but continues as a consultant to support the final assessment of the HPA Project and its possible future development options.

This means less expenditure on the HPA project and Mr. Flanagan which is the big positive here, this gives more time and money to aggressively explore for high grade gold and so forth. And hopefully, TB is realising that now.

Expand

I am not one to get into things on HC and have been in this company for a long time hoping for it to succeed - but MM come on!!

Your saying we should now congratulate them for saying "hey we didn't actually get this right, we don't actually have any meaningful results at this stage either, so we will just spend less money on it"

They have already shelled out a decent amount of cash getting the CEO in to run this area of the business based on what was another finger in the air/flavour of the month decision!

I'm glad you can stay positive but after close to 10 years in this company we have literally 0 proven next steps to start making this a profitable business......

Hoo Roo

KRR Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
7 Upvote

2 Great analysis

Reply