My main focus has been referencing ASX announcements to actual events. I was not sure the Northern haul road was wiped out via a slip around October 2014 until I saw Dr Spock's images posted on the 23/7/2015, the image in the RED ASX 8/10/2014 Pg3 was a bit blurry but my suspicions were confirmed. In my view this event should have been reported to the market, in my view reporting was vague, there seemed to be difficulties getting to the bottom of the pit to reach the ore. Yes upper bench ore was extracted for awhile which got them through. But the issue remains the company should report matters that would materially affect the value of the company. The SP was above 11c and now it is 6c, events have occurred which have materially affected the value of the company.
The slip on the Eastern side was the major factor in reducing the SP recently, yes it was reported to the market, the image presented by Dr Spock on the 23/7/2015 contains data of when and how the image was taken, most digital images contain this data; I remain confused about this latest slip event, my opinion only.
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