Pretty ballsy move to announce the appointment of My Ken Stien...

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nbards

210 Posts.

05/08/16

12:27

Post #: 18453026
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Originally posted by Io ↑

The adverts about hiring mining managers etc had the desired effect of pushing up the share price prior to the capital raising. It was a smart move when RM does not have much else to work with. You got to give it to the guy he uses all the tricks in the book. The reality is San Jorge is well over a year, probably more like 2 from any form of production, despite what the Hot Copper cheer brigade say. Even that would be moving quickly. AVQ spend a million or more a month on salary, legals, admin, etc so even the $5M will not go far, but they should get a reasonable resource on San Jorge for at least some of that money. Despite all the smoke and mirrors and the good job that RM does in keeping the share price up on little real news, it all comes down to getting Isabel back. Without that it will all come crashing down around their ears. You never know they might just pull it off.

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Pretty ballsy move to announce the appointment of My Ken Stien as Exec Gen Mgr of mining operations in SI by the company on 26/7/16 all for smoke in mirrors effect?

The company is dammed if they do and damned if they don't based on the opinions of most on here... so RM posted the job ads just to pump the SP prior to CR..??? OR maybe the company posted the job ads because they have jobs to fill?

I am not sure exactly what people expect... that every job the company advertises is released via ASX...? Back to reality folks...

Last edited by nbards: 05/08/16

AVQ Price at posting: 25.3¢ Sentiment: Buy Disclosure: Held
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