Ohh no no no Red.
Blowie referred to the "the BS tailings dam."
As a long term holder and HC reader you should know by now just how much high grade market quality BS the POS management team manages to generate and serve up to punters in the form of Market Announcements.
However the high grade stuff we all lap up in price sensitive Announcements is just the end product of a laborious and intensive BS refinement process. Masses of of raw unprocessed BS generated by the Board are first run through a BS Concentrator plant.
Extraction rates are currently running around 90% but the waste slurry still contains a significant amount of lower grade BS, which has to be disposed of somehow. A portion ends up in the Annual Report or gets recycled here on Hot Copper by friend Freddy, but the rest has to be stored responsibly for some future date when improved technology may allow us to dispose of it in a more environmentally friendly manner.
So we have the BS tailings dam - the repository of failed verbiage, fudged figures and ridiculous rhetoric.
It is possible - with a bit of tweaking - that the POS BS tailings dam could be reprocessed and generate enough BS to start a whole new mining company. Maybe a Lithium explorer.....
lol
Dave![]()
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