I agree with many things shane say. Only the things I disagree tend to get highlighted. Further my opinion is based on my perception how the market would react and what is required. Hence my actions reflect my views - no one can accuse me of being 2 faced. What my perception of what the market is looking for has to align with my opinion. Further I always use a business model if approaching my investment - hence I am extremely stringent on the goals and objectives and constant evaluation.
I agree on the model, his factual relaying of information as it has been verified to me by the CEO in my only discussion with him prior during the CR. I agree with the strategy. However I disagree with him in regards to the importance of mineral resource that indicates extensions of the resource for future infill drilling. I disagree with his timelines. I believe 2 years earliest from November 2016, which would be a remarkable achievement. I also am conservative with metrics, both on current resource size and it's viability. Keep in mind both mine and shane's profile are different - he looks at potential and backs it early before confidence is increased and his element of risk is higher than mine. Due to the fact that if I invest it involves 300 k or more I need to be careful as one just can't dispose in a day.
Hope this makes sense. We have a lot we agree on. We disagree on 3 major issues. Do I think we can mining and production at seymour With significant ROI? Not at this moment but it is still possible but tonnage overall has to improve. Do I think adv can be a success? Absolutely as there is wisa and bold that can be company makers themselves. I would deploy funds as we get closer to a wisa or bold drilling program. Not for seymour at the moment for the primary reason I want to see consistent drill intercepts.
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