announcement fatigue or something else ?, page-2

Bitzer only spec explorers like SIR , and SFR and CDU in 2006 get bang for headline drilling results - CDU is moving from spec explorer to miner it has a mining licence to process 3mt of ore per year for the next 10 years.

Spectacular drill results that could extend the mine life to 40 years or increase the throughput to 10mt per year are irrelevant this point in time ( IMO )

the market wants to know -

1- How much is the all up capex cost and how is it going to be funded. ?

2 - How many shares will end up on issue and who will own them ?

3 -What are the projected dividends and when will the first cheques be in the letter box.


these are the big ticket items and kite flying of early DSO sales and more spectacular drill core photos are just white noise at the pointy of proceedings - the bank account is dwindling , no DFS and fuzzy announcements about 3mt p/a offtakes when only 40% is available is not helping .

Just give us the real info then we may get some bang for our buck on the cream and sprinkle stuff like todays ann!


hOOt