well Sabbath, i'm pretty far from happy with whats taken place at PLV, particularly the last 4 months. to have taken WEG on i was confident that once gone they would go quietly into the night knowing we had a rock solid position..
clearly that wasn't the case and we are where we are now and management have to wear that badge of shame. i'd rather have 100% of cockatoo but we have 50% as we did prior to Dec 28th and as we shareholders voted for so i'm already way past that and am looking forward to whats next.. why did the chinese fight so hard to keep 50% because cockatoo has a project life of 30 months on it?
worst thing is that its fair to assume the drilling program has been delayed by this time as at the AGM it was flagged for Jan 2013 start and run for 5-6 months.
others here mock the the fact that we are a producer earning $$ to pay off pre-sales and capital expenditure to open up the project life, perhaps they'd rather invest in a junior explorer in this market?
that said management owe us plenty to ensure this WEG relationship works from here on and prior to re-listing we GET that detailed plan of current state and what's in front of us..
as for the SP who knows (ok hoots does) but if there is a chance to pick up a mining company with a MC of $30million of course i will look at it..
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