Ann: Letter to Shareholders, page-15

  1. 2,806 Posts.
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    Just to play devil's advocate, I had two minor problems with the ann.

    Firstly "mining in Q2" means "mining real soon." While I don't doubt them on this it would have been good to see all the details in place: contractor is blah, deal is blah, mining starts blah. Currently it's a touch vague.

    Secondly MPC looks a good solid start- as others have said 10 odd million is a good look. But the pace of expansion at this stage looks pretty slow. Glencoe will be 40koz or so, which if that pulls in 5-10m no one's going to complain. But I would suggest that as they drill out The Frances Creek area it'll be solid hits there that would have a chance of upping the share price substantially.

    You know how it is. Everyone wants the next NST.
 
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