Morning all.
Just wanted to acknowledge
@PutSauce for his compliment in his post yesterday, big thankyou.
I have tried to be as honest and transparent always.
I must make a disclosure that some are already aware of.
I do have a lot of exposure here, over 6m shares in fact.
You will not be able to search that, ( and I like it that way for my own privacy ) because it remains within Shares, Options and Con note as well as some participation in the SPP.
I would be very surprised if I get my allocation in that SPP given that it had a long time to run and the amount that the SP is in excess of the issue price.
The reason I make such disclosure is so that everyone knows that I may be biased purely because I own such a number.
My whole reason for having so much participation is first and foremost, I BELIEVE in the story and the BOD.
I want that understood before anyone takes my opinion as any form of truth.
Now to todays ann.
We have all been awaiting the update on the performance of the plant given that it was not suited to the fine material that it was not designed for.
It is however designed specifically for the purpose it is now being used for which is processing the material from under ground.
This excerpt spells it out in no uncertain terms imho.
It is now all systems GO.
With throughput exceeding expectations and the Stope material grading 42.4g/t instead of the predicted 17.5g/t,
what should we be expecting in terms of margin and profitability along with money going into the bank?
I will leave that to others to do the numbers on.
@Placido In defence of
@WiffaSniffa If you said she is blunt, I would agree but I can't hold that against her but as for a troll, I respectfully and strongly disagree.
Enjoy holding everyone and check on my facts to ensure I am not wearing my Rose Coloured Glasses.
Kind regards, Wack
(20min delay)