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Re: dupedbysteve post# 57165

Tuesday, 05/31/2011 10:52:05 AM

Tuesday, May 31, 2011 10:52:05 AM

Post# of 83065
I don't see any missed promises.

you have to wait for the season production figures - they only promised them twice a year - you had one in March so why do you expect anything until say July.
I am concerned by the dilution you keep on about but it is now very small and could well be covering increased wages while they get the produced gold and diamonds to the market and receive cash back.
You just seem to have one idea and it has definitely nothing to do with lifestyles - mgt are not taking any money out at the moment.

There are a lot of demands on that cash when it does come through - new equipment for instance - to process the overburden they stored for the rainy season - I guess there is different equipment needed to be procured and shipped. New licences for next years dredging, new agriculture permits/land.

Hopefully we get an update tonight showing more development in the right direction - there is only one direction this company can be moving in and that is forward. the only concern is how fast, and IMHO steady acceleration is better than a foot down approach.