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29-11-2021, 01:58 PM
#8161
Originally Posted by Landyman
Little less than $1m in the bank - at least Matts not milking the cash cow any more.
So what did we get/gain from his stewardship ?
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29-11-2021, 02:15 PM
#8162
Knowledge: That even CEO's can be as useless as the proverbial. At least there is no financial fraud like Enron or Worldcom - IMHO I think he failed ethically and morally.
Still has an FMA case coming his way too - wonder if he will just claim "incompetence" as a defence.
Last edited by Landyman; 29-11-2021 at 02:39 PM.
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29-11-2021, 02:40 PM
#8163
Now the focus is back on Karangahake, and while there is still some cash in the kitty, I still see an opportunity to produce nett cashflow, from a low base.
We have been led to believe there is a stockpile already extracted, to give a headstart.
Is there?
See what, if anything, is re usable, or scalable from pilot plant, ann 26/7/2019.
If nothing, go to the mining museum in Thames, and copy the stamper, which I have already measured as capable of fitting in the mine.
Get stamping, get some high grade ore crushed, centrifuged and despatched for final treatment elsewhere.
No water necessary, no cyanide, no grizzling and no excuses .
No noise coming out of the mine either, several strategically placed canvas sheets will suffice.
Sometimes the old way is best, remember Grandma's apple pie?
Last edited by Getty; 29-11-2021 at 08:27 PM.
Reason: spelling
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30-11-2021, 11:48 PM
#8164
Last edited by nztx; 30-11-2021 at 11:56 PM.
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01-12-2021, 07:07 AM
#8165
Originally Posted by nztx
Is he running out of coin (with little more likely coming from a speculatively hopeful Employment case) or is
stationery running short in the outhouse over the way ?
With all them acclaimed Fancy banker skills & Mining experiences - shouldn't there be a queue waiting to knock on the door ?
Or did someone whisper there was hard hitting new Board posse about to pounce to see what loose crockery & china
there is laying about ..
The $500K roughly from the share liquidation wont go far with squadrons of Aussie & NZ Legal Eagles taking aim at it
25,000,000 x .002 = $50,000 . That makes me feel a bit better than $500k.
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01-12-2021, 09:16 AM
#8166
Originally Posted by Brain
25,000,000 x .002 = $50,000 . That makes me feel a bit better than $500k.
Thanks for that .. those decimal places have caught many
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08-12-2021, 08:08 AM
#8167
Im looking forward to the NTL Christmas poem - Getty, is that your work?- will have a more positive flavour this year - future still uncertain, but at least the bleeding has stopped.
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08-12-2021, 04:34 PM
#8168
Still lightening the load.....
361248.pdf (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)
Sad endictment on his leadership that sells 14 million shares for a mere $28,000.
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08-12-2021, 09:02 PM
#8169
Last edited by nztx; 08-12-2021 at 09:04 PM.
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09-12-2021, 08:23 AM
#8170
Wouldnt it be ironic/awesome that just as Matty sells his last share, Jonu and co. pull a rabbit out of the hat and get this thing working.
Discl. not holding, but still hold some hope
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