You be splitting hairs there I think.
Mt Cattlin is a profitable operation.
With the second off-take confirmation and payment there will be more money in the door than has gone out on mine rehabilitation and production costs.
That's called profit in my book.
Mt Cattlin is like the engine helping to pull a larger one into position.
Meet the bills with an asset that generates cash, rather than borrow.
Yes. Its a different strategy to your favourite.
Merging with GMM is an example of the Anthony Tse strategy vs the Chris Reed approach.
Its worth so much over time to keep 100% of SDV that short-term asset-sell-off-cash is just not worth the loss over time.
This boom is getting going - and some companies are day-trading it - while others are calmly plotting out the best way to ride it all the way to the top - and stay there.
