IMO we got two chances of reaching 800 ounces each quarter being...

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tobiasroy

4,603 Posts.

981

09/07/24

20:26

Post #: 74679132
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Originally posted by goldenkiwi: ↑

IMO, he still holds animosity towards shareholders from a few years ago, we nearly had enough votes to oust him, but fell short. Unfortunate.
This is bad for all of us involved, as we do have good leases which can produce good grades and quantity when he wants to mine. We still have to mine around 1640oz au by October under one of the two condition's set buy the Minister to retain the Eddie creek lease. We have already faulted on the JORC condition for Eddie creek, that was due 4th October last year. Not good management on his part.
It will be interesting to see the Quarterly in a few weeks tobiasroy, see if the drilling has comenced for the JORC, which i doubt as no ann has come out. Also it will be interesting to see how much has been mined, we need 820oz au both this Quarter and next to comply with the conditions.
Who knows, he might surprise us all and do his job, mine our leases, submit the annual reports for the last few years and get us relisted, lol. Gltah

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IMO we got two chances of reaching 800 ounces each quarter being buckleys and none. I can’t see why he would have animosity towards shareholders however his delirious state of mind may lead him to believe we should all hail him King Tracy, the man’s a total ####head no ifs or buts about it and when back at Narrabeen I reckon he would be looking over his shoulder all day long .

NIU Price at posting: 2.0¢ Sentiment: Sell Disclosure: Held
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