CR at 10% capacity was on the AGM agenda & approved by large majority, I voted against it.
SPP was discussed and asked for by many at the AGM, again I was against it.
FYI
1) FCF = A$50Mpa on last 1 year results
2) Reserves = resources 980koz reserves 2 years LOM
Spearpoint & larken ready to mine, Tallman super high grade being expedited to mill
3) Exploration = massive, high grade all around, stunning drill results last year,
30-100 drills incoming in next 6 weeks, assays results every 2 weeks said Ken
4) Shareholders = Funding for exploration, as requested at AGM
5) Investec = friendly banker who is large holder with 13c options at $4M cash to TRY, happy to extend loans and get more interest at a low debt level, U$8M debt is net debt free
6) Me = fortunate to be in this undervalued company & watch it multibag!
As I said, you see a dirty window and I see a sunny day in the gold mine
You also didnt attend the AGM, I did, I was very impressed with their plans and financial responsibility.
Bagger Beazley isnt on this BOD for nothing!
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