Something to laugh about...., page-2

Yes, he seems to have played the personal game rather than playing the ball... One or two have called him up about the 30X income...As he forgets no one will appreciate the 100-200 year outlook on the resource as much as they will like the annual returns, Depending of course on the size of plant...ML says 30 X profitable which he forgets is LOM not EBITDA which matters more...Doubt the credits make up the Balance...

Barney had a conversation with Joe Lowry about his reason for not investing into BGS...His reply implied personal grudge rather than any scientific or geology reason. He was oh so proud to brag about his recent gains in GXY, yet forget that GXY with their two other Lithium projects will require hundreds of millions Capex to get them operational, while BGs will be Cash flow Positive within year 3 of the Lithium operation due to the Gold royalty that subsidises the Capex of its Lithium plant...

All respect to Joe and Micheal, but they seem to be great promoters rather than Economic Geologists Like our Dr Andy Wilde "Fellow of the Australian Institute of Geoscientists and of the Society of Economic Geologists"