Hmmm. This smells.
So on 26 July 2022 the company announces "Major new gold mine delivered on time and on budget
First gold pour completed at King of the Hills on 5 June, with the ramp-up of mining and processing operations
proceeding to plan. Darlot's June Quarter and FY22 production within guidance."
So, now, they announce:
"KOTH Mining Ramp up in September Quarter (Page: 10)
● Ability to meet the KOTH OP and UG ramp up schedule was delayed by
COVID-absenteeism between May – July"
And check out the chart on the same page: I have added the red circle.
I can't reconcile the two snapshots.
Looks like May to July material movement was clearly indicative of a problem. Unless I'm missing something, it wasn't reported to the market on a timely basis by the company.
There is an old native American proverb that says "white man speak with forked tongue". I don't like to see shareholders being "forked". Anyone thought of talking to a lawyer?
Rosco
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $2.142B |
Open | High | Low | Value | Volume |
32.5¢ | 33.0¢ | 31.0¢ | $4.258M | 13.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 691368 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 487378 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 691368 | 0.310 |
18 | 887428 | 0.305 |
27 | 777709 | 0.300 |
3 | 323000 | 0.295 |
10 | 403823 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 487378 | 6 |
0.320 | 653762 | 10 |
0.325 | 674556 | 10 |
0.330 | 1007427 | 13 |
0.335 | 549259 | 13 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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