I see Dan Mundy advertising himself as “contracted mine manager and Project manager” for Tombola. ( he calls himself) Dan has put out a photo of a 90 if tonne digger, says has arrived on site. Talk about mis-sized equipment. Why would a 90 tonne excavator be employed on a mine site with a 10m3 bucket (25 tonne bucket) to fill a 40 tonne articulated dump trucks.?? We are only talking a tiny open pit with only 35,000 tonnes ore. And Dan says “ one of two 90 tonne diggers has arrived on site. What experience does this project manager guy really have. As well as posting photos of equipment arriving on site before the company does to shareholders. Looks like self promotion for Dan Mundy. My enquiries with industry experts is no one in the industry has ever heard of Dan Mundy. From my enquires he has never managed a mining project before. He is not a mining engineer, not a geologist and not even a member if AusImm ( Australian institute of mining and metallurgy ) the mineral resources industry register of approved mining industry professionals. Seems this gold “ project manager and mines manager” is not a member of any jndustry associations. I am also advised that he is not even the Site senior Executive. How does that work. Obviously not able to be approved by the Queensland Mines Dept as not suitable. How does this work.? Maybe the Company should explain how a non member of AusImm and has no formal qualifications and not suitable as a registered Site Senior Executive (SSE) be a suitable Project manager with no project experience be the top man? Will someone explain what I’m missing. Remember this Company is an ASX listed public company. Nothing seems to gel. Also great post by Kjarten relating to selling out his position because of no new updates on progress and just regurgitating the same ole same ole. Agree Kjarten, where’s the crusher, where’s the process plant, where’s the lined cyanide leach vats? All we see now is an excavator which is double the size required for a small 35,000 tonne open cut. Who makes these stupid decisions? Certainly not a registered member of AusImm project manager. Amateurs hour. I’m not a holder but I’m recommending hold because maybe some experts may eventually take control of these great mineral properties. I can’t take the quality of the properties away from them. Then I’ll buy back in. Few big players entering the stock, must have white sticks when they walk.
TBA Price at posting:
5.8¢ Sentiment: Hold Disclosure: Not Held