Ann: Positive Bankable Feasibility Study for Minim Martap Project, page-58

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19crowe45

1,398 Posts.

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23/06/22

14:31

Post #: 62163643
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Originally posted by FishiesPal: ↑

Morning @19crowe45 I haven't seen any of those reports. I've seen some emotional and ill-informed posters (My opinion) calling for their heads and for them to be removed. Some of them are downrampers that don't even own stock. You have to look closely and read between the lines what their motive is.

Only Phil was on a $400,000 salary, and now JS has taken over as the head honcho, his salary is up there. But IMHO he will deserve every $$$ and every bonus performance share he gets, coz he will be earning it. There's a lot of work and repairing to be done to fix the reputation of Canyon Resources left behind by his predecessor. I believe Cliff and JS can do that. We should have nipped things in the bud years ago, when the PREVIOUS BOARD gave themselves millions of free shares for doing jack sh1t. However us muppets approved them at the AGM's until we put a stop to their greed at the 2020 AGM, so in part, we believed the hype and we only have ourselves to blame.

Cliff, Dave, Steve and Peter are on much more respectable salaries. I've attached a breakdown below for your reference: Note a few of the staff have left.

I agree with your sentiment and IMO we need to find a balance between the facts that are presented and the hype that is usually translated here indirectly from other sources, like 1 eyed brokers. Having said that, we also need to think outside the square as parts will have some truth.

I still hold a lot of faith Cliff and JS will be able to pull this off. However I think it will take a lot longer to get to the point of a T/O etc than we were all lead to believe by others. Otherwise I'd already be reasonably wealthy.
I think most here will be happy to see the Share price back to 20c plus so they can make some decisions. But I believe we will need the MC in and potentially an Offtake secured before we get there. I have everything crossed JS can we've his magic and at least get the MC secured next Q.

I'm keeping the faith and monitoring very closely...... And for the record I think the way the last CR was handled was a disgrace to all the loyal and LTH's. Cheers.

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Thanks for that information. I had read the following:
"JS is a safe pair of hands, he's more than capable to see us through the next stages as soon as Phil, Cliff and David are gone." from a previous post and doubted that anybody would just volunteer to leave. They might step back from some responsibility but I don't see anybody stepping back from their salary. My continuing concern is that the CR money will not last very long and it seems to me this is going to be a drawn out process before ML and/or MC are agreed to and granted. Cheers.

CAY Price at posting: 5.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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