It is best strategy to play cool as we own some of the best mining (Mt Lindsay) and exploration prospects in WA... One drill makes all the difference as in case of our now powerful JV partner Chalice...
1/ I am v. happy with our board "slowish" approach as been negatively affected several times in the rush to production cases (the latest was KIN)
2/ I am happy to to leave the Riley till not only I.O. prices recovery (others eg MGX, GWR, etc have also suspended I.O. mining)... we are here to make a useful profit to progress Mt Lindsay and exploration... not to work like donkey to just give away our ore for peanuts... as
3/ whole world is affected by ridiculous shipping cost and container cost and major economies are now trying to solve world wide supply issues... eg toy companies are paying now around $21,000 to $24,000 to get their goods in a container, that’s up from a $3,000 going rate, and “85% of toys sold in America at some point travel on the ocean” from their manufacturing origins... etc etc
4/ it may affect the GDP of most countries and they will all act to solve the problem... eg when they decide to invest into building more ships and containers and push infrastructure recovery project ... the I.O. will fly again
5/ I am happy to concentrate on Mt Lindsay UG approvals, finance alternatives and the W.A. exploration with J.V. if the shareholders are not happy to contribute (I am willing and able) and the experience with previous fly by nighters finance providers led to multi year selloff by those losers...
6/ I thank those boring trolls for their negative contributions ... having a substantial holding did not stop me buying 400 K shares at $0.05 today as I was so happy with the strategy announced earlier today... so much so that supported the move by my 101 y.o. neighbour to top up as well as intend to buy for my 2 youngest G/children some shares to set them up for brighter Green Future with our ESG Tin Tungsten! (“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett)
Will have a glass of red now while enjoying the reading again about all our amazing projects... (remove asterisk first pl)/ GLTArealH
(20min delay)