RE:RE:RE:new video interview
Thanks for your thoughtful look at MAP's interview fruits....I agree with you. Angry is a word that comes to mind. 4 years, still no engineering for the Gladiator ramp, still no application for permit. How much, 20 million (?) spent on exploring mtr legacy assets that were, and remain, shyte. And, oh yes, if Pascal and BoD had known their business, we'd have applied for a modest increase in size to mill/tailings, and would have been approved by now; we'd be in operation, producing. Totally catastophic decisions by BoD and Pascal have destroyed tens of millions of capital. Just a bunch of asses, know it alls who knew f...ing nothing (oh iluv/heystupe, am I being harsh here ? Neither of you own a single share, or you'd be angry as me......at incompetence, bad decision making...particularly, nothing done for 4 years re Gladiator ramp.....that's our premier ore source ...wtf ).
I believe MAP can get us producing within 15 months, but we're talking 30kozs a year......not sure how much capital you can generate from that....if he's extraordinarily good at cost management, maybe ok. But then, from the decent 2.6 gm open pit, and that's a great grade for open pit even with transportation, MAP proposes going underground at Barry to chase after 5gm ore.....really ! WHY ? If we have 160,000 ozs or so in open pit, and seems we have an extension that promises more, and if we're starting at 30k a year, why are we even considering going underground for 5 gm ore ? Makes no sense.........unless they can't see gladiator coming on stream for 5 years.
We need more info...maybe MAP needs more info.
And as for being taken over by OSK, maybe, maybe not......we need a plan b anyway.
Forgive the intemperance......I'm angry....as every longer term shareholder should be