Thanks for your comments ainsleym,
Unfortunately for Red River that green light to proceed may take some time as it appears that the Queensland Govt is as slow as the Greenland Govt to give out mining licenses.
My thoughts are $0.20 reasonably quickly after the licenses is granted and thats where I will lock in sale of most of my holding with the balance all free carry parked in the draw and see where the price goes.
I just cant help feeling that 2017 especially the 2nd half may be a bit dismal for commodities - nothing to base that on though except its a 7.
Cheers
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