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Ann: Mount Peake mine development aquifer drilling commences-TNG.AX, page-82

  1. 3,276 Posts.
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    Good Plug for PB Locksmith.
    I'll have to put my hand up when it comes to bagging PB and his timelines but mainly it's out of frustration.
    I know exactly where the share price would be if PB did come out with the truth and say the project would be another 5 years away.( if it were the case)

    As for his family you're missing the fact he's earning $1.3 while being away like most others on a lesser salary and probably loves the challenge of getting this off the ground.
    One of my son works in the mines 2 weeks on and one week off and would love to be home with his family too.

    Getting back to timelines and when this plant will be built....lots of speculations but the truth is none of us have a bloody clue and even the ones that do would only be guessing as proven by PB in changing the timelines over the years, the lateset now being late 2019. Clearly he does not know.

    Imo market and it's volumes and sp will be our best indictor of when this will be getting close to the mark not the timelines given in announcements.

    Positive for now is the sp holding up above the last C/R of 11c and now without Meerkat we dont have any nay sayers in that this wont get done.
    The negative is if this is going to be a $4 share by 2019 the sp would want to get a wriggle on.
 
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