Hey Pat, you ask what re-opening cost are :
Here you go, something like this in 2023:$54,000,000 placement cash -- Gone
$12,000,000 Nucharee loanshark cash -- Gone
30,000 ounces of stockpile = approx $90,000,000 Gold revenue - Gone
So at a minimum it's $150,000,000 The day the Thai government pays us $150,000,000 cash re-opening expenses then i will shout from the heavens; " WOWEE , our Mgmt were great negotiators, they got us the absolute Minimum re-opening costs in our settlement ! WELL DONE !
Even though this is
zero compensation for 6 years illegal closure , i think the reality is shareholders would just have to accept that as an ok outcome provided they buyback placement dilution with at least half of it immediately ...
So reality is, if our great negotiators are going for anything less than this figure, then the Thai Government has got away with murdering shareholders for the past 7 years &
even got away with sucking the idiot gringo's into paying for re-opening out of there own pockets too!
Until they pay that money, they have sucked us in bigtime !
But Ross & Jamie still milk there $5,000 a day cash into there pockets whatever the outcome, whilst Gymjunky out of desperation , after 12 years was forced to sell at $1.25 because unfortunately shareholders don't have a limitless timetable like our Mgmt milking there huge salaries along the journey do.
Unfortunately, shareholders today are a very long way from ever getting a smiling selfie like our Mgmt took here below whilst PMR delay was happening at the exact same day beneath there noses.
Unfortunately, shareholders today are a long way from even getting one of these stupid free hat's we are giving away at Chatree Festival Carnival fun park.
Unfortunately, the Lovegod can't even BUY one of those nice Akara T-shirts because he doesn't even get a response from Akara requesting to purchase one !
Do you think Jamie is sleeping well knowing today what those November & December production figures he's withholding are ?
I guess for the next few weeks he get's to feel the anxiety shareholders feel everyday for the past 12 months waking up to shareprice destruction and going through there day's worrying ; " how much do we fall today
, maybe this afternoon is good news
, maybe tomorrow they sell Neuva Esperanza
, maybe tomorrow they settle
, maybe tomorrow they start small buyback using just the cancelled flight's money
, maybe tomorrow they buyback $1,000 worth a day with Jamies $1,000 paycut in 2024 for not delivering his promises.......
And guess what ?
Tomorrow shareholders will probably wake up saying with anxiety again and say ; " Well it's not today, maybe tomorrow ? "
Maybe Tomorrow ?
(20min delay)