Your comments make interesting reading. Your last post dated 29.03.10 queried the reliability of the strip ratio being .74 for the Mexico project. On what basis do you form your judgement? Are you a technical person who can show us some calculations? You mentioned too that $5m is not enough to start the project. Anybody who read the earlier reports will know it takes more than $80m to bring it to production. This $5m is meant for the company administration and to get the feasibility studies completed. Everyone is entitled to their call on this right issue. Long suffering shareholders who do not want to exercise their entitlements are respected for their decisions. But many long term shareholders friends of mine (including me) have applied for more than our entitlements.
KMN Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
