Originally posted by Mentalist123:
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Oldcar,thought you must have bolted from HC.I’m at Karumba , about 450kkms north off. the curry.We had 300mm 12” rain yesterday.I believe curry is underwater as well.Will rain affect production.? I got sent - a photo of Dan Mundy the mine manager carrying the copper bar.we just poured.Apparently was taken off his LinkedIn page. .., I read a-HC post recently saying . if this- guy comes near the processplant we will all walk.Well it makes sense to me if this is the guy that does, the mining and can’t tell the company what the gold grade is,makes sense to me for him to manage the gold processing plant as well.He will just have to BS his way thru.He can’t get blame then ! ““How can you blame me I don’t know the gold grade” catch cry! That’s probably all the shareholders needed to see,just as we were all feeling positive andbe predicting a gold-pour and relisting this week. Gee hope chug doesn’t read this ! Oh wellLooks like we are permanently in the copper business now.No wonder we poured a copper bar. Hey, Oldcar, this answers your question “ where did the copper come from? “ probably got the mines or ROM pad mixed up? Sh#t, Sh#t, Sh#t. I’m underwater up here and seems Tombola is too.I think my Dad used to say “ son, this is the last straw”. The guy that sent me the Dan Mundy mine manager photo said his LinkedIn history says he’s actually a - commercial helicopter pilot. At least explains - why we are,where we are.I might have to ring him yet and get him to evacuate me if the rain keeps up.At least will get him away from the processing.Oldcar, one last question: Can the GAM plant process Copper in big tonne numbers? Can we process the copper mines we bought from True North Copper? They supposed to have some gold as well! Someone said True North processed the true North Copper properties rocks,we bought through the GAM plant.What else can go wrong. Is there anything we missed going wrong,-or we get ‘em all? Oldcar,tell me honestly, with all what’s going on, rain, debts, borrowing money at 80% p.a interest rate, putting up 100% of our assets as security, stillOwing millions$ on Lorena, not knowing the gold grade we are processing and now seems the mine manager running the process plant. Honestly out of 10 what is the chavce of survival. ? Anyone that doesn’t have an axe to grind can also answer this question sensibly. I knowOld at and or Au9999 will give a sane answer..So don’t need chug, or Sydneyguy or Chalco or similar to give a reply.Guys just bow out of comments this one please. I’m serious asking and have reasons asking for these questions. I need to know! I’m still betting we can pull off a big pour of metals this week . Ain’t over till the fat lady sings I’m heading back to “metally”fatigued! Thank God for big fat juicy muddies and a couple chilled XXXX. Saving my sanity! This photo of the mine manager holding the copper bar has done ny head in. Maybe he has an axe to grind.
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Hi Mental, at this point in time I'd probably give it a 3 out of 10 chance of survival in the short term. The main reason for this is we simply don't know, the company hasn't given us any justification to believe otherwise.Signing a short term lone on those terms is clearly a last through of the dice. Buts it's alot to pay back in 90 days and I suspect the ongoing costs will be eating up most if not all the revenue. Plus we don't even know when the GAM plant lease ends.
