The Mentalist

We’ll probably TBA not the people smartest in the room. A little silly says the $1.2m will assist the current debt and obligations of the company at this time.Recent quarterly puts mining at $5m per month. We have been informed we still have contracted a debt of $7.3m on Lorena in cash/shares, announced $1.5cash and 50 million shares to be paid for binding contract on True North Copper tenements, refurbishing of GAM plant unknown but we know $110,000 a month rental plus by looking at the time to refurbish and supply power no change from $1.2m. Then we have processing costs of $55 per tonne ( Australian benchmark). So with all this locked-in debt and operating costs for mining and carting of ore from site to GAM ( assume $1.3m) because we have never been told, WHAT ???? Was the point of naming a stupid statement like $1.2m will assist all these binding contracts plus pay for all the operating costs? Just a stupid statement. smarter to say nothing. Oh dear, what can I say? Anyway, on a semi-positive note, I expect er will get announced tomorrow, and production commenced as forecasted. If. Or assume production has NOT commenced. Mentalling out of control.