RE: The Plane... So after seeing all you guys get all excited over the jet, I contacted IR to find out the whole story....here's the reply from Adam Chambers:
Hi XXXXX,
I'm in London until next week.
The plane is shared with Allana, we both use it to fly supplies and personnel in and out of the camps, we also use it to take core to Addis.
Its not the kind of plane everyone thinks it is. Its not for executives, its a cargo plane with a couple of crappy seats.
Feel free to post my response on stockhouse, its ridiculous that investors think that is some sort private jet that execs are running around on. Its a single engine bucked of bolts that barely flys.
Thanks
Adam
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Thanks for sharing,
A tad more encouraging to hear this, very surprise to hear we share cost with Allana on anything. Lastly you would think that they would at minimum be smart enough as to articulate properly in a Financial report, that said plane is a Cargo plane and offer a tad more clarity .
Needless to say, on said topic - a tad more clarity is also required given that contract signing was September 20 - 2011...commitment is for 60K per month. Financial reporting covers Q4 which ends September 30 - 2011 and yet the bill for this flying lemon is roughly $180K +
Euuh....time for an email to my friend Mike I think....clear as mud.
All the same, somewhat reasurring that said lemon is not a Executive Gulfstream ! I'll chuck that to the limited ability of this experienced group of Hired Consultants not having mastered the art of writting an MD&A and End of Year Fiscal report after some 20+ years in the Industry!
Just the same, thxs for sharing.