NIU 0.00% 2.0¢ niuminco group limited

Qtrly Activities Report, page-3

  1. 3,968 Posts.
    lightbulb Created with Sketch. 373
    Yep, agree completely.

    Two months with loss of power, rain, repairs, development of the high grade ore system.  We seem to have copped every bit of bad luck this quarter.  It's a shame.

    But still, it's a shame that raked in $270k, in the worst of conditions.

    One thing that has annoyed me, is that they have mentioned buying this new equipment since the last quarterly.  At first, it was $40k.  FOR GOD'S SAKE, ORDER THE THING AND PUT IT IN!!!  This isn't supposed to be one of those long term Dad projects'!!!

    I would like to point out though, the drilling at Bolobip.

    Now considering that this is in proximity to OK Tedi, which was described as 'a copper mountain with a gold cap', i'm pretty keen for them to get the drills in.  I just hope that they show more respect to the environment than BHP have in the past.
 
watchlist Created with Sketch. Add NIU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.