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Implanting

03/31/21 4:29 AM

#15145 RE: SeaBlue #15141

Seablue, the information you posted on this board I learned much more than the boring 45 minutes Clarke spent talking about the geological aspects of the property. I don't know if Dan/management understand that everything Clarke said IMO showed how they got hosed in this deal. We all remember how Shorrocks bragged about getting the property because our management couldn't handle what was on their plate.

In the webinar there was no mention of a planned production date or what would it take to get the mine back into operation? THAT WAS THE MOST IMPORTANT QUESTION TO ANSWER and I didn't hear them say one thing about it.
I think I heard Dan mention something about they would be drilling for years to come and that's understandable, but can or are they capable of actually mining the property? Who knows, I didn't hear them say anything about that. All we can do is assume they can.

You had some great questions, unfortunately most of those weren't answered either. I shot about four or five questions at them and the only one he talked about at the very end was the resource estimate. IMO Clarke gave a low-ball estimate of 2 million oz. He even made the comment they wouldn't have touched the property if they thought it didn't have 2M oz. on it, so that tells me it most likely has closer to 3, maybe 3.5M oz. there. He said they've only explored 15% of the land package.
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Implanting

03/31/21 3:08 PM

#15149 RE: SeaBlue #15141

Seablue, did you receive any response from IR (Spiros) concerning those great questions you asked about? I sent him any e-mail concerning FMG shareholders possibly getting some Auteco shares over a week ago and have yet to hear anything back from him. If you didn't get a response I think I'll go directly to Dan and see if he comes back to me. If he doesn't maybe I'll just have to go to Keith.

I'm not happy at all that I spent my time on that webinar yesterday and had no response to any of my questions. If questions on the webinar weren't answered or addressed someone in IR should be coming back to Shareholders with some answers. Not doing that is very half-assed and not acceptable IMO. They know who's asking the questions and they have their e-mail address. It can be done with just a little effort on their part.