GW1 0.00% 4.6¢ greenwing resources ltd

is the current management ok?, page-30

  1. 71 Posts.
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    I see Mike has many supporters. Can one answer me on :
    1. When trading recommences we will have lost at least half the current value of our shareholdings.Is this good or bad management?
    2. Presentations show a cash flow of between $30-40M-where is it?
    3. The tailings dam processing is meant to increase cash flow by at least $10m-This is not mentioned in the latest presentation-I wonder why?
    4. Estimated production costs per ton have now doubled.Can we rely on any figures?
    5.In the March quarter report we are told for the first time that it will take to September to reach 500,000 tons production-this seems far too long!!!
    6.I am greatly amazed when cash flow is vital that we have not processed excess tonnage initially to get cash flow & have also spent money on other projects.
 
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