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Ann: Plomosas Production Update, page-10

  1. 676 Posts.
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    I’ve been watching this thing since 2015. It’s a dog. I’ve been accused of down ramping too many times to mention. It’s just a dog, plain and simple. It’s an old clapped out mine that probably works for a private owner operator but it will NEVER be an ASX star. The cost to keep the pumps running so it doesn’t flood makes this thing a never ending liability. And there won’t be any value in their mobile plant and equipment; not “multiples of the market cap” as someone said. Lucky to be $500,000 of second hand junk.
 
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