Re: Prophecy Platinum Survey
in response to
by
posted on
May 27, 2013 09:50PM
Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)
Sorry it took so long to post it here.
38 people took part in the survey. My take on it is that we should do a small PP this year. I say this based on the results of questions 5 and 6 and also on question 8 because nearly everyone wants to drill ASAP and Question 9 that says the vast majority of shareholders want some level of work on Wellgreen and not just let it sit idle. Management is doing a very good job. I say this because a significant number of people rated management B. Management should however had the foresight to have an updated resource estimate before the PP and this years drilling. I say this based on question 1 and 2. Management does need to do a better job keeping shareholders informed. Nearly every shareholder is in agreement based on question 7. The last question 10 that has to do with commissioning an updated PEA with the inclusion of using natural gas and a split concentrate was very close but the cake goes to doing it now. At this time I would say it would nearly make more sense to drill a couple high priority targets and have the results included in the next PEA. There is not enough time to have an updated PEA before the next PP is upon us. That again should have been commissioned 6 months ago.
Q1
Total | 38 |
Agree
|
26.32%
10
|
Strongly agree
|
42.11%
16
|
Disagree
|
13.16%
5
|
Strongly disagree
|
5.26%
2
|
Neutral
|
13.16%
5
|
Total | 38 |
Agree
|
26.32%
10
|
Strongly agree
|
42.11%
16
|
Disagree
|
15.79%
6
|
Strongly disagree
|
5.26%
2
|
Neutral
|
10.53%
4
|
Total | 38 |
A
|
0%
0
|
B
|
50%
19
|
C
|
34.21%
13
|
F
|
15.79%
6
|
Total | 38 |
Agree
|
28.95%
11
|
Strongly agree
|
44.74%
17
|
Disagree
|
2.63%
1
|
Strongly disagree
|
7.89%
3
|
Neutral
|
15.79%
6
|
Total | 38 |
Agree
|
23.68%
9
|
Strongly agree
|
23.68%
9
|
Disagree
|
15.79%
6
|
Strongly disagree
|
10.53%
4
|
Neutral
|
26.32%
10
|
Total | 38 |
Agree
|
26.32%
10
|
Strongly agree
|
7.89%
3
|
Disagree
|
23.68%
9
|
Strongly disagree
|
26.32%
10
|
Neutral
|
15.79%
6
|
Total | 38 |
Agree
|
28.95%
11
|
Strongly agree
|
60.53%
23
|
Disagree
|
2.63%
1
|
Strongly disagree
|
2.63%
1
|
Neutral
|
5.26%
2
|
Total | 38 |
Agree
|
34.21%
13
|
Strongly agree
|
42.11%
16
|
Disagree
|
7.89%
3
|
Strongly disagree
|
0%
0
|
Neutral
|
15.79%
6
|
Total | 38 |
Agree
|
10.53%
4
|
Strongly agree
|
2.63%
1
|
Disagree
|
28.95%
11
|
Strongly disagree
|
44.74%
17
|
Neutral
|
13.16%
5
|
Total | 38 |
Agree
|
26.32%
10
|
Strongly agree
|
23.68%
9
|
Disagree
|
13.16%
5
|
Strongly disagree
|
13.16%
5
|
Neutral
|
23.68%
9
|
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32584767&l=0&r=0&s=NKL&t=LIST#uIWWRwA8IiCZ8A0V.99