So basically the Board are saying we find it, we sell it and have no plans to build a future mine or the like, even the zinc will hive off into another company and will then be taken over, not my idea of building a future tier one company, looks like they just want a gravy train until retirement. the way I am reading this is that cash will go on drilling, rinse and repeat, where are we ever going to see dividends, obviously the Directors get nice bonuses, wages and so on, but shareholders…where do we sit on pyramid?
if I was not so far in the red I would bail out. NST must be laughing knowing that STK will keep selling the ground to them, who else would buy it. If another party were to buy in they would have to build a plant and these finds are just too small, one on one. Let’s hope that the zinc deposits are massive and we do not divest but go ahead to mining.
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