Ann: Investor Presentation Equity Raising July 2019, page-27

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PerthMagic

108 Posts.

15

07/08/19

05:20

Post #: 39893460
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Originally posted by Blue fox: ↑

Laugh while you can PERTH Magic
because when the music stops your SO4 holding will be 10% of what it is now and your firm will receive no more brokerage

it sounds like you have been helping SO4 with their numbers because everything you have quoted is wrong
The Royalty is 1.9% and the forecast price is $520 /$550 $USD let’s stick to one currency
I realise you pretenders like talking profit in
$A and Capex in $USD ( who do you really think you fool with that magic )
the receiver of the royalties dividend will be in excess
of $30 000 000 pa so I would say it is very in line with shareholders as the dividend far exceeds the royalty

SO4 has no environmental approval
look it up it is public knowledge
Lake way has a registered Native title sight over the whole lake
look it up it is public knowledge
the overpriced Blackham tenements have a mining plan for gold and nothing else listed
SO4 does not have a reserve
and none of the resources are JORC compliant
as per the new standard
havnt even completed a BFS
SO4 is not eligible for NAÏF funding and the project won’t get funded
wernt you suppose to be in construction by now ?
wasnt the demonstration plant suppose to be up ?
oh that’s right you dumped that lake

KLL have ticked all the boxes stuck to one plan and executed to perfection and now we are just waiting for the all elusive cash flow
I also think that with the $29 million contingency and the
$20 million extra required by the banks stage two will be fast tracked
but you keep Pretending to be Magic
it may be a better profession for you

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hmmm...you may need to change your fake news Blue Fox. So SO4 won't get funded...is that right ? Perhaps you should change you moniker to Blue Clown.

KLL Price at posting: 49.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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