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when will it turn, page-86

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    Timing is everything and had the pog stayed stable around 1600 for another couple of months we might have been in a rather different scenario. I'm not entirely comfortable with what happened at Murchison but I do think timing played a big role. What ifs not pay the bills though and reality is a real mess. You only need to look as RXM with a great resource proven up with amazing access to local infrastructure including ports, they appear to be slowly running out of cash (going bust) trying to get the money for their large capital intensive mine despite strong returns forecast. Can't imagine we would have any show at all of getting Jervois off the ground. So what to do? Hard to say. May be best off to sell Jervios as well, and give up. One things for sure this is when you get to see your directors metal, or not!
 
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