I was travelling in Central Asia when the news broke of another share placement and could not react earlier.
Management has done it again: overpromised and underdelivered. What really gets me is that they continue to hold back on the bad news allowing insiders to bale before the retail investors. Whenever Paul is quiet on issues, you know that bad news on these will follow. I raised some time ago that concentrates sales should have occurred long ago. It is bad working capital management not to ship regularly, say bi-monthly. Apparently now the first shipment has happened. What is striking however is that Paul is quiet on metallurgical performance. The vague statements about silver and zinc grade are not good enough. What is the achieved recovery rate for all metals and what are the concentrate grades of all concentrates?
Another issue Paul has gone quiet about are exploration drilling results. These were promised in the quarterly report for the period ending 31 December 2023. As we could do with good news, holding back on drill results points to disappointmenting results.
- Forums
- ASX - By Stock
- Ann: Investor Presentation
I was travelling in Central Asia when the news broke of another...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADT (ASX) to my watchlist
|
|||||
Last
$3.90 |
Change
-0.050(1.27%) |
Mkt cap ! $1.083B |
Open | High | Low | Value | Volume |
$3.94 | $3.94 | $3.80 | $1.320M | 340.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 535 | $3.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.91 | 2000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 535 | 3.880 |
1 | 535 | 3.870 |
1 | 535 | 3.860 |
1 | 535 | 3.850 |
1 | 535 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.920 | 535 | 1 |
3.930 | 535 | 1 |
3.940 | 535 | 1 |
3.950 | 535 | 1 |
3.960 | 535 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ADT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online