Post-AGM views, page-6

  1. 9,377 Posts.
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    What I'm finding interesting in all the cloak and daggar stuff about keeping mum on what was said at Cloncurry, is how the share price has fallen from around $1.53-4 at the meeting time to today's close of $1.41.

    Is the secrecy meant to be sending the sp down?

    Is the concept keep it up (SP) until the cap raise?(not working)

    I notice they now talk of purchasing the new ore-sorter, so that's money spent above the development costs mentioned for this quarter, plus they will start paying for electricals soon (share holders would like to think so), as well.

    Reading today's statement on the ore-sorter, it is extremely carefully worded. Then this bit at the end, "the ore-sorter is expected to be added to the curcuit and commissioned in early December 2014".

    My question is how believable is this statement? Last year DSO sales were going to happen by Feb/March 2014, yet they didn't. Of course this statement about the ore-sorter came out today, but what of the Q&A about it yesterday? Did anyone have the gumption to ask why the timelines given this time/year should be believed after the history of last years statements/timelines??
 
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