I suggest you have a read of the two quarterlys prior o the last one
@DDBB. You don't need to defend CYM I'm still an avid supporter. I had a very positive view and still do. But the things that are in their control haven't come through.
i standby my comments that labour shortages and border closure has had a huge impact. But the extent of this wasn't relayed to market until it was very evident that timelines would be missed.
it's been about 7 months since heap leaching testwork started. All we have is the MDs own opinion. They said they would announce this to market. They have moved on to a 6m column. To do that theywould have to analyze the results. Which if they did should be news to shareholders.
SEPT
So am I really being unfair and expected to believe "well that's mining"?
Camp refurb has been ongoing for months now. I'll have you know the camp was in pretty good shape already. It is the location that is unfavorable. With labour shortages it is probably harder.
One of the companies who owned maroochydore believed its remoteness was a large contributor to it not being pursued.
Approvals are not being accelerated. They have slowed. We allowed 6 months for govt approvals. 6 months has well and truly gone by and only one has recently been submitted. So either they are waiting for consultants. Labour shortages. Or they were slow in compiling rhe data. Labour shortages.
Your thoughts on the company now are my thoughts 6 months ago.
I will agree that the company want to get the job done. Unlike POS who have all the opportunity and have been waiting for nickel prices to increase. Well nickel as gained a lot of momentum but they have made no effort to update shareholders on a potential restart. I give credit to CYMs enthusiasm but they can definitely do better.
