Grigor has an axe to grind. It's amazing what he thinks he can get away with saying about a company when he has personal disagreement. Here he is promoting his own company in 2018. As I recall, they've now mothballed production from the mine in Sri Lanka. Would be interesting to look over his later statements.
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm31March2018.pdf
In the case of FGR, we are not talking about a speculative
company that wants to go into production, we are talking
about a company that is already producing. By the
company saying that it was within 10% of its target or mine
plan, it wasn’t flying kites. It was saying “hey, we are within
10% of where we want to be, and we are improving”. Will
the ASX prevent FGR from ever giving production guidance
because of the style of orebody because it is too dumb to
see the difference between a speculative target based on
resource potential and one based on actual mining being
experienced? So much for continuous disclosure rules!
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