BRB 0.00% 47.5¢ breaker resources nl

Ann: Resource Update Timing, Lake Roe Gold Project, page-69

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    why would you ask that? If he says he can’t give a date he will be roasted and if he gives a date and it doesn’t happen he’s in trouble for that. No win and grumpy shareholders.

    He's got that already, because in mid July he put out an ASX announcement advising that the resource update was 'on track for delivery this month' (July).

    He's got form for missing deadlines, so what makes you think that he's now learnt his lesson?
    I guess he hasn't been operating in the Gold sector very long though, so might be able to learn 'new tricks'......let's give him the benefit of the doubt.

    The stock is stuck in limbo waiting around for this resource update, while others surge off the back of booming Gold prices. Hopefully he doesn't decide - seemingly on a whim again - to get a 3rd party to check the findings of the 3rd party: we could be waiting until late September.
    Thanks a lot Tom!
 
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