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clock Created with Sketch. 19/04/21
18:51
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Originally posted by bererkwarrior:
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Great points. Yes Loki, as you said.... "the one concern is that the management might splurge the surplus cash on another less profitable project". That's a big risk. If they did a deal like buying half the Super Pit at the price NSL and SAR bought in for, I'd be stoked. That was value add.
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Yes, RRL may be leveling out (shades of Telstra). It has been a great company and rewarded investors with good dividends. Might have to tread water for a while???? Or leave?
(20min delay)