The whole idea of mining without an ore reserve is fatally flawed and the board ought to be hauled before the regulators and Ausimm for allowing it to happen. We do ore reserve and mineral resource estimates to manage risk. The board obviously thought they were so smart with all their geological knowledge (nonsense and babble) that they didn't need to comply with generally accepted principles.
These operations were run into the ground by DW over 20 years and are now on their way to a second funeral if someone doesn't step back and assess the risk properly. Betcha Raine Square are ducking for cover again.
Ann: Key Management and Board Changes, page-63
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.664M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.58K | 789.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 96942431 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 5061634 | 4 |
View Market Depth
| Last trade - 13.55pm 04/10/2024 (20 minute delay) ? |
| PRX (ASX) Chart |