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19.0¢ metarock group limited

I worked at Gregory Crinum from 2011-2013 managing surface...

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duncrazor

372 Posts.

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15/09/21

15:07

Post #: 56086183
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Originally posted by volcanochemical: ↑

Yes very sad. my condolences to the family and friends of the deceased.

for the education of those who are unaware, this mine has a weak roof and had 45 roof falls over 10yrs under BHP ownership (see link to paper below). unfortunately this one caused a fatality.

Crinum Mine, 15 Longwalls 40 Million Tonnes 45 Roof Falls - What did we Learn? (uow.edu.au)

Question for shareholders is what is the liability here are whole of mine operator and does it question the move in that direction for both crinum and cook. at the recent call on the merger deal, a question was asked around the risks of entering cook due to its track record of problems and a confident response was given that the board and pillar technique removed some of the risk that previous longwall operations have had, however if crinum is deemed too risky to complete the re-entry and secure it, can the same the said for cook. what will be the cost to lay off the workers and get rid of excess equipment?

SP reaction is probably weighting this all up.

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I worked at Gregory Crinum from 2011-2013 managing surface infrastructure projects. Really good bloke Dan. Knows his stuff.

Last edited by duncrazor: 15/09/21

MYE Price at posting: 90.0¢ Sentiment: Hold Disclosure: Held
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Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $58.23M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	40950	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	168815	5

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No.	Vol.	Price($)
1	40950	0.180
2	105882	0.170
2	11506	0.165
3	97500	0.160
2	140000	0.150

Price($)	Vol.	No.
0.190	168815	5
0.195	4166	1
0.200	1250	1
0.210	24986	1
0.220	39387	1

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