when will it turn, page-85

Personally I dont think Jervois is the answer. Too high capex and too long term. Post Andash sale we will have $15mil. We are a junior. We need to aim smaller. Acquire another project and vend it into KGL. Maybe an all script offer. Then use the $15mil to develop it. Much better prospects of short term turnaround.

In hindsight, the poster that said Murchison was probably just purchased to keep management in a job while we waited for Andash is spot on.

We are now in a similar situation. Jervois years away. We need something else with upside to keep them busy and boost the sp to make Jervois more achievable.

Maybe it would have been different had POG reached $2000 and stayed there. But it was a big punt with shareholder money.