Their mc is backed entirely by cash, mgmt have a proven record. And yet i think the best indication of how difficult the current project sourcing environment is, comes from Aviva's (AVA) recent change in business direction into I.T. If Ian Middlemas, with his extensive network, can't find a decent mining project with $23M in the bank, you have to wonder exactly what is available atm.
I also notice mgmt clearly stated it was only mining projects they were reviewing, which makes sense, based on their expertise; but again, it will be a massive achievement to find something worthy in the current climate.
- Forums
- ASX - By Stock
- WPG
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report , page-2
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WPG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online