GREY:NEVDQ - Post by User
Post by
TomsStockHuton May 10, 2024 8:53am
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Post# 36033148
Contenance
ContenanceI understand your enthusiasm for the sugar daddies on this board. You can lose your contenance quickly.
On the other hand, I have no understanding of NCU's Q1 report. It is simply outrageous.
“Capital Projects - During Q1 2024, the… the final mechanical and electrical installation of the crushing and conveying equipment is being tendered under a fixed price agreement and the Company has paused construction activities pending the award of such agreement.”
At the same time, the bottleneck systems keep crashing repeatedly – Of course, this always results in significant delays and downtimes with an OEE ranging from simply unacceptable 0 - 30%. Coincidence or intentional?
Underground, we prepare 288,000 t of higher-grade ore. Above ground, we mix a small amount of that with our 0.5% waste. Of course, we will not generate enough money to cover our operating costs this way. Coincidence or intention?
As a result, we can't get KfW production approval this way, which means that we cannot achieve the status of a copper producer. Why should the SP increase under these conditions? Coincidence or intention?
From this, I conclude that NCU should not make a profit soon, but that Pala will be allowed to rip off exclusive loan interest until the warrants have been sat out and the change of control can be accomplished.
If we are fortunate, NCU purchasing has also managed to finally complete the tender so that we can finally put the plugin, and off we go – at some point in a year. Then it is certainly the right time to deal with the matter legally.
In the meantime, I prefer to be amused by your wild fantasies; just fantastic….
Cheers, Tom