I met with Chuck at Mines & Money HK. Many issues discussed. Apparently, key component of crusher circuit disappeared from docks. Cost $24K. Found it belatedly at auction house were they bought it back for $2K.
Could continue to process 1g/t tailings which don't need crusher circuit. Would have thought that some gold will have been sold to ease op costs, debt etc.
I bought 20000 more NGM the day before I met with him. In hindsight not a very good idea.
Its been a very sad story with the responsibility for delays and cost overruns squarely on board and CEO's shoulders. Pity he holds such a significant holding.
I met with Chuck at Mines & Money HK. Many issues discussed....
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ACF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
-0.015(1.37%) |
Mkt cap ! $330.0M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.11 | $1.08 | $393.6K | 360.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72405 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 20188 | 9 |
View Market Depth
| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |