G79 (ASX) graphite investment

Originally posted by zippy1 ↑

Initial results suggest it's a quality tier 1 graphite resource!

"suggest" is the key word here. Is this suggestion from CJ, who appears to have either no idea, no ethics and no credibility.

CJ not only suggested but advised many things about the rubies that were wrong.

Based on this I would "suggest" that we know as little facts about the graphite as we did and still know about the rubies ... and further "suggest" that the graphite may be yet another disappointment when the JORC is finished.

Based on what we have seen to date, I suggest that my suggestions are more reliable than CJ's comments / suggestions, even without me being involved day to day and paid by MUS.

Zippy1

Expand

Yeh you're right zippy...its a possibility!

We definetly need answers as to why CJ has stated anything north of $100 a carat is to be expected!......that's the heart of the problem with the rubies....talk of specials....cut stones....ect...ect...don't you think that there are too many people involved in mustang and too many moving pieces to the puzzle that it's not all lies by one man but a misreading of the situation.

Think about this!

Everything that has been said and happen can be brought down by one thing.

One thing can explain this whole situation but wouldn't salvage the situation.

The explanation on the day wouldn't have saved mus from 4c.....736k that's terrible....could given all the explanations in the world still would hit 4c!

This one thing doesn't make all the directors...gemologist experts...Meg cutting rubies...ect...ect...false statements!

What's the one thing that frustrated the buyers the most....

The grading!

one things for sure the last Ann we got wouldve had input from all directors.

The decision to release limited information...was actually the right one ...because there's nothing they could've done to change the outcome....so better to let the dust settle....IMO

Unfortunately this doesn't save many shareholders...but the right thing for a company isn't always about keeping everyone happy....its about whats right for the company!

We were always going to deflate from that result with or without explanation.

CJ needs to go regardless of explanations....it may be a case of falling on his sword....it may be the board that removes him...but I would wait for the explanations before righting anything else off here!

It's 50-50 for a short term run back to 10c...
IMO...

All depends on how it plays out the next couple of weeks!